HONG KONG (Reuters) - Chinese investors are buying up large amounts of Hong Kong mutual fund products that invest overseas, particularly in bonds, after authorities expanded a cross-border trading ...

The offshore yuan’s overnight interbank interest rate in Hong Kong rose to 8.1% on Tuesday, the highest since June 2021. The 1-month rate also climbed to highest since April.

Hong Kong’s stock market had been shut since midday Jan 28 while equities on the mainland will start trading again on Feb 5.

the Hong Kong Monetary Authority said in a statement. The issuance will effectively increase demand for the yuan in offshore markets, making it more costly to borrow and short the currency.

Logan Group seeks to restructure $7.56 billion of the total offshore debt, while also aiming to relieve creditors of its additional $476 million offshore debt under separate financing instruments.

The People's Bank of China (PBC), the country's central bank, is planning to issue a new round of offshore yuan bills in Hong Kong Special Administrative Region (HKSAR) at a record scale in ...