Tough act to follow: Yieh Phui sells dual listed Formosa
A recent first for the Formosa market — the dual Taiwan and Singapore listing of renminbi-denominated bonds from a Taiwanese corporate issuer — is unlikely to drive a flurry of similar issuance. While some in the market express hope that more issuers will follow suit, others are much less optimistic, arguing that such a small deal can never set a trend.
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