Currently, there is a strong demand for enterprises to choose RMB loans. Some are even replacing US dollar loans with RMB loans. On the one hand, they are considering reducing financing costs and financial burdens, and on the other hand, they are considering avoiding the risk of interest rate fluctuations and achieving exchange benefits. Furthermore, Chinese dollar bonds are too expensive to finance, and renminbi-denominated bonds issued in Hong Kong — Dim Sum Bonds — have also become a good alternative financing channel. According to Wind data, as of October 14, the financing scale of Dim Sum bonds has reached 794.221 billion yuan since this year, while the issuance scale for the same period last year was 633.91 billion yuan, an increase of more than 160 billion yuan, an increase of 25% over the previous year. In particular, the issuance scale of CITIC Dim Sum bonds reached a new high.

Currently, there is a strong demand for enterprises to choose RMB loans. Some are even replacing US dollar loans with RMB loans. On the one hand, they are considering reducing financing costs and financial burdens, and on the other hand, they are considering avoiding the risk of interest rate fluctuations and achieving exchange benefits. Furthermore, Chinese dollar bonds are too expensive to finance, and renminbi-denominated bonds issued in Hong Kong — Dim Sum Bonds — have also become a good alternative financing channel. According to Wind data, as of October 14, the financing scale of Dim Sum bonds has reached 794.221 billion yuan since this year, while the issuance scale for the same period last year was 633.91 billion yuan, an increase of more than 160 billion yuan, an increase of 25% over the previous year. In particular, the issuance scale of CITIC Dim Sum bonds reached a new high.