Technology

Chinese telecoms giant Huawei speeds up bond sales to help fund expansion into software, services

Chinese telecoms giant Huawei speeds up bond sales to help fund expansion into software, services

Huawei Technologies Co will issue 3 billion yuan (US$470 million) of short-term debt next week, a month after it sold 3 billion yuan in China’s interbank market, in a sign that the Shenzhen-based telecoms giant is accelerating the use of debt financing in its operations.

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