Hong Kong’s Dim Sum Bond Market Hits New Heights as State Grid Deal Draws Record Orders The recent surge in Hong Kong's dim sum bond market to new heights, driven by State Grid Corporation of China's record breaking 14.
9 billion yuan ($2. 2 billion) issuance, has left many in the financial community abuzz with excitement.
This remarkable achievement is largely due to the lower borrowing costs offered by the yuan compared to other major currencies, making Hong Kong an increasingly attractive destination for issuers seeking to raise capital at favorable rates.