Issuers Turn to Yuan and Hong Kong Dollar Bonds for Cheaper Funding Amid Rising US Costs, Standard Chartered Executive Says
David Yim Sau-king, a senior executive at Standard Chartered Bank, stated that Hong Kong and mainland China are expected to see continued growth in bond issuance denominated in Hong Kong dollars or the yuan through the rest of the year. This shift is driven by issuers reducing their reliance on US dollar-denominated bonds due to increased US dollar funding costs.
Source:SCMP商业 · Source Link
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