Yuan Hong Kong Discount Shrinks on Dim Sum Demand

Yuan Hong Kong Discount Shrinks on Dim Sum Demand

Jerome Favre/Bloomberg

A man walks by an advertisment for Renminbi bonds outside the Bank of China Tower in Hong Kong, China. The average yield on Dim Sum bonds fell to 3.62 percent on Nov. 9 from a record 3.95 percent on Oct. 7, based on the Deutsche Bank Offshore Renminbi Bond Index.