Debt

A wide range of factors have paved the way for a larger offshore Renminbi fixed income market, according to senior bankers.

The Australian bond market has seen a record start to the year, with A$69bn being issued so far in 2025, with robust investor liquidity and tightened spreads.

The lead managers for the bond were Bank of China (Hong Kong), HSBC and Standard Chartered; the three-year bond is listed on the Luxembourg Stock Exchange and will settle on the HKMA's Central Moneymarkets Unit.

The facility will support the Mongolian bank's green loan activities, targeting MSMEs and retail customers; meanwhile, billions of dollars of financing are needed in Mongolia to hit SDG goals.

Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make a loss of up to Rmb45bn in 2024.

Reporting tokens will help with digital and tokenised green bonds, hopefully increasing investor confidence in the space. MAS, the NUS, UOB and Northern Trust’s Matrix Zenith are involved.

The CEO and chairman have stepped down as the company looks to solve "temporary liquidity difficulties", in part through the support of its largest shareholder, the state-owned Shenzhen Metro Group.

The commodities group has returned to the market for the first time in three years and the PBOC has given approval for the funds to be repatriated offshore.

With China's DeepSeek already shaking up 2025's AI market, around $70bn was raised last year by Asia's tech firms.