Guangdong to join 'dim sum' bond feast with US$1 billion sale in Hong Kong, Macau

By Yahoo! Finance | Jul 30, 2024 at 06:00 AM EST

Guangdong province plans to issue up to 7.5 billion yuan in offshore yuan-denominated bonds to boost the internationalization of China's currency and support Hong Kong's status as an offshore yuan hub. This move aligns with China's strategy to promote the Greater Bay Area's integrated development.

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