Hong Kong to list first Shanghai free-trade zone bond

Hong Kong is set to list its first Shanghai free-trade zone offshore bond, aiming to reinforce its position as the leading offshore yuan hub amidst growing competition.

14 Aug, 04:52 — 14 Aug, 04:52

Post Share

Sources

Showing 1 of 1 sources

SCMPMostly Factual16d ago

Hong Kong to list first Shanghai free-trade zone bond to defend yuan hub status

Hong Kong is set to welcome its first Shanghai free-trade zone offshore bond, using the landmark listing to defend its status as the world’s pre-eminent offshore yuan hub, amid mounting competition from its mainland rival. Hong Kong Exchanges and Clearing announced on Thursday that Shanghai Electric Global Capital – a financing arm of power and industrial equipment manufacturer Shanghai Electric – would list a 1.5 billion yuan (US$222.4 million) green free-trade zone bond on August 20. The...

By Daisy Wu

Read full article →

Hong Kong to list first Shanghai free-trade zone bond

Sources

Hong Kong to list first Shanghai free-trade zone bond to defend yuan hub status

Related Stories

Norway Sets September 9 Date for King Harald V’s Funeral at Oslo Cathedral

Maduro Posts First Photos From New York Detention Facility

Nepal School Principal Evacuates 900 Students Before Devastating Flash Flood

Death Toll Reaches 38 After Major Russian Strike on Ukrainian Storage Facility