China’s ‘dim sum’ bond sales surge on demand from domestic investors

China’s ‘dim sum’ bond sales surge on demand from domestic investors

Sales of international renminbi bonds have surged this year as the country’s fixed income investors, starved of decent returns at home, take advantage of new market access to snap up higher-yielding Chinese currency debt offshore. The volume of dim sum bond offerings — renminbi-denominated debt sold in Hong Kong — has risen 145 per cent …

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