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| Name | Symbol | Market | Type |
|---|---|---|---|
| BOC Hong Kong Holdings Limited (PK) | USOTC:BHKLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.15 | 1.81% | 64.885 | 63.78 | 65.99 | 66.03 | 64.0348 | 64.875 | 5,197 | 17:34:08 |
From Jan 2020 to Jan 2025
BEIJING--China's central bank said Tuesday it gave the green light to HSBC Holdings PLC (HSBC) and BOC Hong Kong (Holdings) Ltd. (2388.HK) to issue yuan-denominated bonds in the nation's interbank market, after Beijing vowed to further open the market to global financial institutions.
HSBC got approval to issue 1 billion yuan ($156.86 million) of bonds while the Hong Kong branch of Bank of China, the nation's fourth-largest bank by assets, will be allowed to issue 10 billion yuan, said the People's Bank of China in a statement on its website.
The PBOC said it was the first time China allowed offshore commercial banks to issue local-currency bonds in its domestic debt market.
The move would "broaden international commercial banks' yuan financing channels, boost opening of China's bond market as well as the cross-border use of the yuan," said China's central bank in the statement.
Write to Grace Zhu at grace.zhu@wsj.com
(END) Dow Jones Newswires
September 22, 2015 07:37 ET (11:37 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year BOC Hong Kong (PK) Chart |
1 Month BOC Hong Kong (PK) Chart |
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