Lates News

According to Shanghai Clearing House, on September 24th, Shanghai Clearing House, in collaboration with European Clearing Bank and Bank of China Hong Kong, jointly organized a "Yulan Bond" seminar (online) in Hong Kong. Nearly 50 representatives from Bank of China Hong Kong, CICC, and other financial institutions in Hong Kong attended the meeting. The meeting focused on how to leverage the unique role of "Yulan Bond" to serve as a new channel for overseas bond financing for Chinese enterprises and to strengthen the RMB overseas asset pool. Financial institution representatives at the meeting fully recognized the advantages of "Yulan Bond" in reaching global investors widely and effectively reducing the financing costs of issuers. They also actively provided suggestions on further improving the international interbank network connection, optimizing policy incentives, enhancing value-added service tools, and improving efficiency in various aspects of issuance, underwriting, and collateral management of "Yulan Bond".