The Hainan Provincial Government has issued bonds in Hong Kong for two consecutive years. This year, the total value of the issuance in Hong Kong does not exceed 5 billion yuan (RMB, the same below, about S $ 930 million) in the offshore RMB local government bonds.Chen Maobo, director of the Hong Kong Financial Secretary, said on Wednesday (September 13) that the Hong Kong government and relevant regulatory agencies will strongly support Hainan enterprises and use Hong Kong as an international platform to list financing or expand regions and global markets.
According to Sing Tao Daily, Chen Maobo said that Hong Kong will continue to work hard to enhance the competitiveness of the Hong Kong financing platform for the preferred financing platform that connects the mainland and the world.He said that the Hainan government has reached 10 billion yuan in bond issuance in Hong Kong for two years. The Hong Kong government and relevant regulatory agencies will strongly support Hainan enterprises and use Hong Kong as an international platform to list financing or expanded areas and global markets.
The Hainan Provincial Government's offshore RMB local government bonds issued in Hong Kong this time does not exceed 5 billion yuan.The theme green bonds and five -year blue bonds will be listed on the Hong Kong Stock Exchange.
Chen Maobo pointed out that on the one hand, the coverage of bond coverage allows more green projects in the province to benefit. On the other hand, it also helps to expand and deepen Hong Kong's green and sustainable bonds, promote the market moreFlourish.
He also mentioned that the Ministry of Finance has issued RMB Treasury bonds in Hong Kong for 15 consecutive years, issuance or gradual normalization, the scale has also expanded in an orderly manner, and the bond period has become more diversified.
