• Sat
  • Sep 20, 2014
  • Updated: 4:49pm

Dim sum bond

Vanke issues 1 billion yuan dim sum bond

China Vanke, one of China’s few investment-grade property developers, issued a 1 billion yuan (HK$1.26 billion) dim sum bond on Wednesday night, according to a term sheet seen by the South China Morning Post.

Thursday, 28 November, 2013, 2:11pm

Road King issues 2.2 billion yuan dim sum bond

Road King Infrastructure has priced a 2.2 billion yuan (HK$2.8 billion) dim sum bond. The three-year bond has a yield of 6 per cent.

The issuer develops property and owns toll roads on the mainland. It is rated B1 by Moody’s and BB- by Standard & Poor’s.

27 Nov 2013 - 11:56am

HSBC, Standard Chartered sell yuan bonds in Singapore

HSBC Holdings and Standard Chartered sold 1.5 billion yuan (HK$1.9 billion) worth of notes in Singapore yesterday in the first dim sum bond issuances since yuan-clearing became available in the city state.

28 May 2013 - 3:05am

Yield demand deters dim sum debt issuers

The cost of funding the so-called dim sum bonds has risen as the swap rates between the yuan and the US dollar are at record lows, tempering the pace of investment-grade corporate bond issues by foreign issuers, industry experts said at a forum yesterday.

9 May 2013 - 5:15am

Bond issue talk buoys I.T. despite profit slide

Shares of fashion retailer I.T rose to a two-month high of HK$3.20 yesterday despite an 18 per cent drop in net profit following news that it will issue a dim sum bond.

4 May 2013 - 4:56am

Exchange Fund looks to yuan, emerging markets

The city's Exchange Fund, which had its second-best investment gain on record in 2012, will invest more in yuan-denominated bonds and shares this year.

15 Jan 2013 - 5:42am

Dim sum debt leapfrogs rivals to be best in Asia

Dim sum bonds were transformed into the best local-currency company notes in Asia this year from the worst in 2011, and are among the top picks of Western Asset Management as China's economy rebounds.

28 Dec 2012 - 4:14am

HSBC: dim sum debt sales could reach HK$448bn in 2013

Sales of dim sum debt may reach 360 billion yuan (HK$448 billion) next year as China's new leaders encourage use of the yuan in financial centres from London to Taipei, HSBC predicts.

19 Dec 2012 - 2:37am

Global demand for yuan on the rise

Beijing's efforts to promote the yuan by developing the offshore yuan business are well supported by increasing trade settlement with the rest of the world in the currency, officials and industry experts said yesterday.

1 Dec 2012 - 4:31am

Dim sum bond sales double as new elite back global yuan

Dim sum bond sales by Chinese borrowers surged to a four-month high in November as the country’s new political elite signalled a commitment to making the yuan a global currency.

30 Nov 2012 - 4:32pm