HSBC unit taps into onshore debt market

HSBC's asset management arm is stepping up efforts to tap the mainland's onshore bond market, the fourth-largest in the world, but one still largely closed to foreign investors, as a key part of its strategy to take advantage of Beijing's sweeping plans to globalise the yuan.

via Business feed http://www.scmp.com/business/banking-finance/article/1381473/hsbc-unit-taps-onshore-debt-market