Standard Chartered is forecasting the dim sum bond market will have increased five-fold by the end of this year. The drivers are seen as a combination of regulatory and environmental.
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Tag : tee choon-hong
The level of RMB deposits in the city is rising at 15% a month, notes Standard Chartered, but while daily volume for non-trade FX of RMB is growing fast, the market is still small and inefficient, say traders.
