--- type: "News" locale: "en" url: "https://longbridge.com/en/news/289432465.md" description: "U.S. inflation data strengthens expectations for the Federal Reserve to maintain high interest rates, while the Bank of Canada keeps rates unchanged. Fitch downgrades the global sovereign outlook but maintains a neutral stance on the Greater China region. Domestically, the Ministry of Finance plans to issue national bonds, while Cmsk, YUEXIU PROPERTY, and CCB are issuing corporate bonds or capital bonds respectively. Hangzhou Urban Construction is facing bank claims for guaranteed debts and has been sued. Shandong and Lanzhou have introduced policies to regulate government fund investments and support financing and listing for technology enterprises" datetime: "2026-06-11T08:17:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289432465.md) - [en](https://longbridge.com/en/news/289432465.md) - [zh-HK](https://longbridge.com/zh-HK/news/289432465.md) --- # 1. U.S. inflation is largely in line with expectations, reinforcing the Federal Reserve's stance that interest rates will remain high for a longer period. 2. U.S. core inflation unexpectedly cooled in May, but traders are still betting on a rate hike by the Federal Reserve before the end of the year. 3. Fitch downgraded the global sovereign outlook to "negative," while Greater China was adjusted upwards to "neutral." 4. The Bank of Canada kept interest rates unchanged as expected, stating that there are no widespread signs of inflation. 5. The Ministry of Finance plans to issue CNY 130 billion in 5-year coupon bonds "260008" on June 17, along with CNY 20 billion in 182-day discount bonds. 6. China Merchants Shekou plans to issue the first phase of corporate bonds in 2026, with a scale of CNY 3.09 billion. 7. Yuexiu Property completed the issuance of CNY 1.9 billion in corporate bonds, with a coupon rate of 1.97%. 8. China Construction Bank completed the issuance of CNY 60 billion in subordinated capital bonds, with a coupon rate of 1.89%. 9. Hangzhou Urban Construction: faced a bank claim for CNY 130 million in guaranteed debt and has initiated a recovery lawsuit. 10. Shandong Province: Government investment funds should comprehensively consider debt risks and other factors when selecting investment areas to prevent blind following and low-level repeated construction. 11. Lanzhou City: Strengthen guidance for technology companies in listing and bond financing, promote the issuance of sci-tech bonds, and provide interest subsidies and credit enhancement support ### Related Stocks - [00939.HK](https://longbridge.com/en/quote/00939.HK.md) - [001979.CN](https://longbridge.com/en/quote/001979.CN.md) - [601939.CN](https://longbridge.com/en/quote/601939.CN.md) - [CICHY.US](https://longbridge.com/en/quote/CICHY.US.md) - [00123.HK](https://longbridge.com/en/quote/00123.HK.md) ## Related News & Research - [Yuexiu Property Secures HK$550 Million Revolving Loan Tied to Controlling Shareholder’s Stake](https://longbridge.com/en/news/290843072.md) - [China Construction Bank Raises RMB30 Billion via AT1 Bond to Boost Capital](https://longbridge.com/en/news/290421091.md) - [Yuexiu Property Shareholders Approve Major Asset Disposal Package](https://longbridge.com/en/news/289777991.md) - [China Construction Bank Raises RMB60 Billion in Tier-2 Bond to Bolster Capital](https://longbridge.com/en/news/289347230.md) - [Yuexiu Property to Issue CNY1.6 Billion Green Notes for Debt Refinancing](https://longbridge.com/en/news/287133848.md)