According to sources, Fosun, a company under Temasek Holdings, is planning to issue panda bonds for the first time, and the project is still in the registration stage.

According to sources familiar with the matter, Fraser Property's real estate development and investment company, Fung Shu Industries Private Limited, is planning to issue the first tranche of Panda Bonds. Sources reveal that the project is still in the registration stage, with a registered size not exceeding 2 billion Chinese yuan. The first tranche issuance size, term, pricing, and other elements have not been finalized. Fung Shu declined to comment.