China firms issue record US$14 billion convertible bonds as market revives

Quick Summary:

The pickup in Chinese convertible bond issuance is seen energising capital market activity in Hong Kong, where IPOs are at the lowest point in 15 years.

The previous 12-month high was US$10.9 billion in 2021.“In the past two years, we didn’t see activity across any of the products.

China Ping An office building and corporate LOGO in Shanghai, China, August 11, 2023.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongChinaJapan

Topics: Bond Interest Chinese Bonds China Billion Convertible Market Raised Cent Deals

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 13:21:16 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21745516

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