Deutsche launches HK$ bond, hopes to further market presence

Cheung Kong issues a HK$300 million bond deal via Deutsche, which says it wants to deepen its presence in the Hong Kong market.

Rob Davies

February 12, 2001

Deutsche Bank today launched a Hong Kong dollar bond for Cheung Kong, one of Hong Kong's most influential conglomerates run by Li Ka Shing. The launch of the HK$300 million ($38.5 million) deal also co-incided with an announcement that the German bank is planning to allocate more resources to the domestic Hong Kong dollar market.

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