GC
Dim sum back on the menu but flavours unchanged
A two week silence in the dim sum market at the end of April was broken as a raft of issuers hit the screens this week. With new issues already at $6.8bn in 2014, CNH volumes are well on track for a record year. But the market is unlikely to see much diversification in issuers and deal structures, writes Isabella Zhong.
Although the dim sum pipeline had got off to a strong start this year, it went dry after April 15, with no new issues for a fortnight. Some bankers put this down to CNH issuers avoiding launching deals during the recent spate of public holidays.
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