-
"Hong Kong is still the major center, but this has gone beyond Asia, " said Augusto King, Royal Bank of Scotland's co-head of debt capital markets in Asia, talking about investors' interest in dim-sum bonds, also known as CNH bonds, where the "H" stands for Hong Kong.
WSJ: Dim Sum Bonds Get Western Flavor
-
H-shares, in Hong Kong dollars.
ECONOMIST: China's different share classes damage its own prospects
-
Still, Michael Kurtz, chief Asia strategist at Nomura Holdings, noted that Hong Kong's H-shares have reached the point where they are Asia's cheapest in terms of their forward price-to-earnings ratio, at 8.4 times, compared to a 10-year historical average of 12.6 times.
WSJ: Asia as Investor Haven? Market Rout Says Not