Fitch rated the firm 'BB-' and Moody's 'Ba3'.
Firms did not divulge financial details but said they expect to close the deal by August.
Orient Securities Company Limited proposes to issue up to 1 billion shares on the Shanghai Stock Exchange.
Gold declined by 5.5% in February and the support near $1200 does not seem strong enough to prevent deeper lows.
The central bank left the rate at 2.25% while market had been expecting a 25 bps cut.
The JP Morgan global manufacturing PMI has risen to 52.0 in February, from 51.7 in January.
Pakistan has approved the project linking the country with China via rail, road and an oil and gas pipeline.
German and Italian manufacturing PMI and Eurozone CPI rate came higher than expected.
USD/IDR has broken above the 13,000 barrier as inflation rate drops to three-month low.
Orange's chief executive Stephane Richard says that the former monopolies have been discussing a potential tie-up.
Chinese yuan which has been on a losing streak since November has so far lost 2.6% against the dollar..
Japan, Taiwan and Korea witness improvement, while Vietnam maintained its growth rate.
With PMI at 49.9, manufacturing is still in contraction territory while the services index is up to 53.9.
Brent's marked gains this month have been fuelled by production and export outages in Libya and Iraq.
Traders will be tracking Bank of England European Central Bank and Bank of Canada monetary policy meetings.
RBA expected to cut rate further while the rest of G10 central banks likely to hold.
Rupee will also be influenced by RBI intervention policy as weak euro has affected Indian exporters who trade with eurozone.
Planned scheme aims to turn 20,000 tonnes of unproductive gold owned by Indian households into cash.
Economic survey a day ahead of the budget has kept fiscal deficit targets.
The Treasury apologised for the error involving regulatory permission to redeem enhanced capital notes.
Growth in the fiscal year ending 31 March is expected to hover at 7.4%.
Swedish economy expanded 2.7% year-on-year from 2.3% in Q3 giving a boost to the krona.
Denmark cuts the benchmark deposit rate by 15 basis points to -0.35%.
The bank is proposing a dividend of £535m for 2014, to be distributed among its three million shareholders.
Some £130m, the largest chunk of the dividend payout, will go to the government.
Together with the new plan, the ECB will inject €60bn every month into the economy.
New highs for USD/ZAR beyond early February peaks can't be ruled out, technically.
The country was in trade deficit from July to December.
Iberdrola will combine its US unit with UIL and float the new entity on the NYSE.
RBS's stock gained 1.91% in the opening minutes of trade on 26 February.