Markets and clients, Shaping Markets
Shaping markets In advising clients we often shape markets. For example we played a critical role in furthering the liberalisation of the renminbi (RMB) as a globally acceptable currency. From the first RMB retail bond offering in Hong Kong in 2007, we have worked on almost every such issue in Hong Kong. We advised on the sovereign RMB6bn offering by the Chinese government, and the first RMB bond offering outside China by a foreign corporate. This work is critical to building a full interbank RMB market in Hong Kong and to bolstering Hong Kong’s role as a global financial centre.
