Dim sum flow continues amid currency volatility

A planned Rmb1.5 billion issue by Maoye International suggests demand for dim sum bonds might not be dependent on the currency’s appreciation.

Dim sum flow continues amid currency volatility

A planned Rmb1.5 billion renminbi-denominated bond issue by Maoye International suggests demand for dim sum bonds might not be dependent on the currency’s appreciation.

Maoye International, a Shenzhen-based department store operator in China, is looking to tap the offshore renminbi bond market for the first time.

Deal arrangers Citi and Deutsche Bank started a series of roadshow presentations to professional investors on Monday, according to sources familiar with the situation.

...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition

EVENTS