HSBC looking for success with Victory

Small scale deal offers Hong Kong bankers the chance to move down the credit curve.

Since the financial crisis in 1997 the Hong Kong dollar borrowing market has been dominated by large property plays which have tapped the market for long term bumper deals at wafer thin pricing. Many banks have complained that they have no choice but join these transactions as they have nowhere else to park their funds.

Despite the continuing effects of the Sars virus in Hong Kong HSBC is looking to provide investors with an alternative outlet for their...

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