Monday, December 16, 2013

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

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