Investors get their teeth into 'dim sum' bonds in HK
By Fion Li and Lilian Karunungan | China Daily | Updated: 2011-09-02 08:00
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An advertisement promotes yuan-denominated bonds in Hong Kong. Locally known as "dim sum" bonds, demand for the debt in Hong Kong rose in August, partly thanks to a stronger renminbi. Jerome Favre / Bloomberg |
HONG KONG - Yuan-denominated bond sales in Hong Kong rebounded in August from a four-month low. The rebound came as regulators eased concerns that they were cracking down on transfers of funds into the Chinese mainland.
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