Hong Kong financial services company Sun Hung Kai Co. and Chinese smartphone major Xiaomi elaborated on their fund-raising plans on the opening day of FinanceAsia’s 2nd China Fixed Income Summit on Monday.
Asked about SHK Co.’s fund-raising plans with the next 18 months, Elsy Li, group treasurer and head of corporate development, said 2021 and 2022 were going to be “major funding years” for the company as two tranches of its bonds were maturing within 14 months of each other and needed to be refinanced at a time when a lot of supply was to be expected in the market.
“My lesson learnt from the...
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