Chinese companies secure record $14 billion in offshore convertible bonds amid high-interest rates
Chinese companies have set a new record, raising $14 billion (£10.7 billion) in offshore convertible bonds this year. This surge underscores their strategic shift to diversify funding amidst persistently high interest rates. Data from LSEG reveals that mainland China’s share of global deals now stands at 22%, highlighting its growing market influence. The $14 billion