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Hong Kong needs more renminbi bonds, says Leung

August 16, 2010  

From Aaron Pan

Julia Leung, the Hong Kong government’s under secretary for financial services and the treasury, tells asiamoney.com that the city needs more foreign companies to issue offshore renminbi bonds.

Hong Kong needs more companies to follow the example set by Hopewell Highway Infrastructure and issue offshore renminbi bonds in the city, according to a high-ranking government official.

Hopewell Highway Infrastructure made history last month by becoming the first foreign...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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