BUSINESS● LOWAug 14 · Aug 14, 2026, 4:52 AM
Hong Kong to list first Shanghai free-trade zone bond to defend yuan hub status
South China Morning Post
Hong Kong is set to welcome its first Shanghai free-trade zone offshore bond, using the landmark listing to defend its status as the world’s pre-eminent offshore yuan hub, amid mounting competition from its mainland rival. Hong Kong Exchanges and Clearing announced on Thursday that Shanghai Electric Global Capital – a financing arm of power and industrial equipment manufacturer Shanghai Electric – would list a 1.5 billion yuan (US$222.4 million) green free-trade zone bond on August 20. The...
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