Chloe Chen

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The term “dim sum bond” refers to a bond which issued in Hong Kong that is denominated in Chinese yuan (renminbi) rather than the local currency.  The first dim sum bond was issued by China Development Bank in July 2007.  Due to the tight controls over capital markets by the Chinese Government, foreign investors have, until recently, not been able to have a taste of the dim sum bond, and before July 2010, only certain Chinese…