ADBC boosts dim sum return on strong demand

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ADBC boosts dim sum return on strong demand

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Dim Sum dumplings are seen during the world's dumplings festival in Warsaw, Poland on November 09, 2019. (Photo by Aleksander Kalka/NurPhoto) | Aleksander Kalka/NurPhoto/PA Images

Agricultural Development Bank of China raised Rmb4.3bn ($618m) from its second dim sum outing this year. Thanks to strong support from Chinese banks, the offshore renminbi bond market offered the issuer clear pricing advantages over the onshore market.

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