Hunger for dim sum intensifies

Hong Kong's dim sum bond market has been growing strongly over the past 36 months.

Japan's borrowing costs hit a 30-year high after the US Fed chair used more hawkish rhetoric; oil prices are up again as hostilities resume in the Middle East.

There is a delay in guarantor Guotai Haitong’s business combination with Haitong Securities.

Corporate lawyer Shu Du is joining the firm from Skadden, Arps, Slate, Meagher & Flom to launch the practice.

Anthony Yap will head up leveraged finance for Australia and New Zealand, while Maria Chua is joining the Southeast Asia team.

The HKMA and CMU OmniClear are leading Hong Kong’s ambitions to internationalise the use of Chinese bonds in global trading. The development of the innovative infrastructure represents a breakthrough for Rmb repos, clearing, settlement and custody.