Grounded planes at Hong Kong International Airport during the worst of the so-called fifth wave of Hong Kong’s Covid-19 outbreak on May 8, 2022. Photo: Jonathan Wong
Grounded planes at Hong Kong International Airport during the worst of the so-called fifth wave of Hong Kong’s Covid-19 outbreak on May 8, 2022. Photo: Jonathan Wong

exclusive | Hong Kong airport’s US$3 billion bonds are 8 times oversold as investors place bets on city’s border reopening to lift air traffic

  • The four tranches of the airport operator’s first US-dollar debt sale in a year were eight times oversold, receiving US$26 billion in orders on Friday
  • The prices of the bonds tightened from their initial guidance, reflecting the popularity of the issues, sources said

Grounded planes at Hong Kong International Airport during the worst of the so-called fifth wave of Hong Kong’s Covid-19 outbreak on May 8, 2022. Photo: Jonathan Wong
Grounded planes at Hong Kong International Airport during the worst of the so-called fifth wave of Hong Kong’s Covid-19 outbreak on May 8, 2022. Photo: Jonathan Wong
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