CICC is a standard setter when it comes to its fixed income business in Hong Kong: it is not only the go-to for primary market deals, but also plays a key role in facilitating cross-border capital flows for Chinese issuers and investors.
In the past year, it has worked on several landmark outings, including the People’s Government of Hainan’s Rmb4 billion ($561.3 million) dim sum bond – the first biodiversity-themed bond from a local Chinese government – and the People’s Government of Shenzhen Municipality’s Rmb5 billion debut offshore social bond.
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