The container shipping giant said its entry into China’s capital market will diversify its funding sources and improve access to cost-efficient funds, amid rapid growth in the panda bond market.
Amid strong demand, the two Hong Kong-listed Chinese firms have announced zero-coupon convertible bond issues totalling around $1.3bn, as capital-intensive tech businesses seek funding while limiting immediate interest costs.
The policy package seeks to deepen Hong Kong-mainland market connectivity through Bond Connect enhancements and expanded renminbi liquidity support; HKEX seeks closer CIPS connectivity.
The former Yonghui Superstores finance chief succeeds Tom van der Lee, who will become chief executive officer of Hong Kong-headquartered DFI’s food business.
Jul 8, 2026
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The agreement will support the planned August launch of Hong Kong’s five-year China government bond futures, offering offshore investors a new renminbi interest rate risk management tool.
As the Indonesian firm, which owns one of the largest gold mines in Apac, seeks to deepen its engagement with global capital markets, cornerstone investors have committed to invest $152m, representing 49.9% of the depositary receipts.
The Hong Kong-based banker was most recently the bank's head of technology and communications corporate banking for Japan, Asia North and Australia, and Asia South.
HKMC’s inaugural public digital bond is the largest digital bond issuance globally to date and the first from a public-sector entity in Hong Kong. The proceeds will be used to help support liquidity in Hong Kong's housing sector.
Amid a strong bond market, the government is prioritising taxes, tax agreements and talent, to encourage more firms, including from Belt and Road countries, to set-up treasury centres in the SAR; proposals will be sent to LegCo in 2027.
The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.