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More demand for dim sum bonds anticipated with conversion cap lift

As the Hong Kong Monetary Authority (HKMA) lobbies Beijing to lift the cap on the 20,000 yuan (HK$25,200) daily conversion, one head of investment advisory says this will lead to the emergence of dim sum bond issuances in Hong Kong. “Once the cap is lifted, the channel for investments will open up gradually,” says Belle Liang, head of investment advisory…

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