BOC ousts HSBC in dim sum issues
By Fion Li | China Daily | Updated: 2011-10-27 07:51
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Bank of China Ltd's branch in Wuhan, Hubei province. The lender is overtaking HSBC Holdings PLC to become the top underwriter of yuan-denominated bonds in Hong Kong this month. Fan Siding / For China Daily |
HONG KONG - Bank of China Ltd (BOC) is overtaking HSBC Holdings PLC to become the top underwriter of yuan bonds in Hong Kong this month after Vice Premier Li Keqiang allowed domestic companies to tap the city's lower borrowing costs.
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