Dim sum bond

 
China Vanke is one of China’s few investment-grade property developers. Photo: Sandy Li

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.

The deal drew 2.5 billion yuan in orders from 69 accounts.