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Dim Sum sales freeze amid yuan concerns
This comes even as average yields on the HK bonds jump 160 basis points since devaluation
Add BT as a preferred sourcePublished Sat, Sep 12, 2015 · 12:00 AM
Hong Kong
HONG Kong's yuan bond market has ground to a halt as even average yields of almost 6 per cent can't allay global investor concerns over a weakening Chinese currency.
There have been no sales of Dim Sum debt maturing in more than a year since Aug 21, when Credit Agricole CIB raised 800 million yuan (S$177.6 million), according to data compiled by Bloomberg.
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