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The Nexus
BUSINESSAug 5 · 00:00 UTCSCMP WORLDDaisy Wu

Why China’s new sovereign bond sale in Hong Kong is drawing global interest

China’s Ministry of Finance is raising 15 billion yuan (US$2.22 billion) through a sovereign bond auction in Hong Kong, part of an 84 billion yuan annual program approved by the State Council. The sale follows a new hedging tool launched in Hong Kong to help global investors manage mainland bond market risks.

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