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May 31 (NBD) -- China Merchants Securities Co., Ltd. (600999.SH) announced Thursday that China's central bank set a cap of 7 billion yuan (1.09 billion U.S. dollars) on the company's outstanding balance for short-term financing bond in a notice which took effect on Monday.

China Merchants Securities can determine the bond issuance size itself within the limit.

Email: gaohan@nbd.com.cn