The People’s Bank of China (PBOC) has said it will for the first time allow offshore banks to issue yuan-denominated debt – known as panda bonds – on the domestic market, demonstrating China’s continued efforts to open up its markets, according to a WSJ report. The Hong Kong units of HSBC Holdings and Bank of […]
The People’s Bank of China (PBOC) has said it will for the first time allow offshore banks to issue yuan-denominated debt – known as panda bonds – on the domestic market, demonstrating China’s continued efforts to open up its markets, according to a WSJ report. The Hong Kong units of HSBC Holdings and Bank of […]
