Hong Kong’s dim sum bond market is on track for record year of issuances

Tencent, Baidu Sell Record Dim Sum Bonds for Cheap Funding

Chinese internet firms are raising a record amount of funds in Hong Kong’s dim sum bond market, as they look to secure cheap financing to power their artificial intelligence ambitions.

Hong Kong’s dim sum bond market is on track for record year of issuances

Bankers say the boom reflects both cost advantages for issuers and structural reforms that help broaden the investor base.