Chinese banks line up HK branches

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By Pan Yue
28 Jun 2018

The Asian dollar loan market is set for some new competitors. A number of Chinese joint stock commercial banks are seeking approvals to set up branches in Hong Kong, with a view to arranging syndicated deals. What impact will this have? Pan Yue finds out.

Last week, Ping An Bank, together with Deutsche Bank, launched a $300m three year loan for SkyCo International Financial Leasing into general syndication. It was only the sixth offshore loan arranged by Ping An since the bank was established in 1987, according to Dealogic data. But its presence ...

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