1. Anita Fung chief executive of HSBC’s Hong Kong operations, spoke about the debt capital markets in Hong Kong and China, including the dim sum bond market. Fung said the dim sum bond market is growing rapidly with Rmb213bn of issuances in 1H13 24% yy and attracting international issuers to Hong Kong. There is ongoing development of offshore Rmb infrastructure and gradual deregulation to allow two-way flows. There is large growth potential for China’s interbank bond market. China only accounts for 4% of global bonds outstanding, while the US accounts for 37% of global bonds outstanding.
2. Gao Yingxin, executive director and deputy CEO, BOCHK,...