Yulan bonds on the rise as Chinese companies go overseas

In late October, Bank of Communications Financial Leasing (Bocom Leasing) completed the issuance of a Rmb1 billion ($140.5 million), three-year bond at 2.02%. Earlier the same month, Shanghai Fosun High Technology, a subsidiary of Chinese conglomerate Fosun International, also raised Rmb1 billion through a three-year bond issuance at 4.90%.