HSBC eyes entry to dim sum bonds

17 Apr 2012

HSBC is considering turning to the offshore renminbi for the first time, swelling the list of foreign banks in the market. Rival bankers said the big name recognition the bank enjoys in Hong Kong means it will have little trouble generating demand for the bond.

HSBC has sold a dim sum before through its mainland subsidiary, but this will be the first time it has tapped the market under the HSBC Bank Plc banner. Funding officials from the bank met investors in Hong Kong and London on Tuesday, and are now considering launching ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial