BRIEF-XCMG Construction Machinery To Issue Asset-Backed Notes

Reuters08-12

Aug 12 (Reuters) - XCMG Construction Machinery Co Ltd 000425.SZ:

SAYS IT PLANS TO ISSUE UP TO 10 BILLION YUAN ($1.39 billion) WORTH OF ASSET-BACKED NOTES

Source text

Further company coverage: 000425.SZ

($1 = 7.1903 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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