Dim sum bankers eye growth as more countries swell menu

23 Mar 2012

Investors in the offshore renminbi market are being exposed to a growing variety of credits as companies from Europe, Asia, the US, the Middle East and Latin America look to profit from growing ties with Chinese corporations — and seek to hedge their currency exposure or get better terms on contracts.

The rate of growth of the offshore renminbi market has slowed down this year, and few bankers expect the market to repeat the 278% growth it saw over the course of 2011. But the growing maturity of the market means that investors can now get exposure to issuers ...

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