Reported 4 months ago
Convertible bond issues are proving beneficial for bankers in Hong Kong amidst a slowdown in mergers and IPOs. Major financial institutions like Bank of America, HSBC, and UBS are actively assisting Chinese tech giants like JD.com and Alibaba in raising significant funds through convertible bond sales. This trend is expected to continue, providing a much-needed fee income and driving further capital market activity in the Asia Pacific region.
Source: YAHOO