It was the debut international bond offering by Hainan, a tropical island popular with tourists that is being developed into the largest free trade port in the country. Photo: Shutterstock
It was the debut international bond offering by Hainan, a tropical island popular with tourists that is being developed into the largest free trade port in the country. Photo: Shutterstock

Hainan launches the first sustainable dim sum bond, giving Hong Kong a leg up as China’s offshore financial hub

  • The tropical island of Hainan raised 5 billion yuan (US$691 million) in an offering that was oversubscribed more than twice
  • It was the first time a Chinese provincial government has tested the water for a so-called ‘blue bond’ tailored to boost the ocean economy

It was the debut international bond offering by Hainan, a tropical island popular with tourists that is being developed into the largest free trade port in the country. Photo: Shutterstock
It was the debut international bond offering by Hainan, a tropical island popular with tourists that is being developed into the largest free trade port in the country. Photo: Shutterstock
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