BoCom HK rakes in Chinese bank money in dollar return

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BoCom HK rakes in Chinese bank money in dollar return

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Heap of $100 dollar bills | Sergey Tryapitsyn/Nomad_Soul - Fotolia

Bank of Communications Hong Kong showed that the year's volatile start is no problem for some issuers, bringing a $500m bond this week, which was driven by Chinese bank money. Bankers lauded the trade as BoCom pulled in a six times covered book without having to pay up.

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