Dim Sum sales freeze amid yuan concerns
This comes even as average yields on the HK bonds jump 160 basis points since devaluation
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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