中国银河拟发行不超过200亿次级债券，获中国证监会注册批复

Group 1 - The core point of the article is that China Galaxy (06881.HK) has received approval from the China Securities Regulatory Commission to publicly issue subordinated bonds with a total face value not exceeding 20 billion RMB to professional investors [3][9] - The approval is valid for a period of 24 months [4][10] - The company is allowed to issue the subordinated bonds in installments within the validity period of the approval [5][11]