Hopewell: How renminbi bonds went international

Author: | Published: 31 Aug 2010
The Pear River delta

Hopewell Highway Infrastructure has closed the first renminbi-denominated bond offered to international investors.

The deal's success is due to new rules that allow companies to pay renminbi dividends to foreign investors and unprecedented government approvals.

Last month, Hopewell closed the first renminbi-denominated bond from a corporate, which was also the first by...