Yulan bonds on the rise as Chinese companies go overseas

The structure of the bonds allows Chinese corporates to raise funds in multiple currencies with an onshore issuance. The Yulan bond market is still small.

Yulan bonds on the rise as Chinese companies go overseas

November 17, 2025

In late October, Bank of Communications Financial Leasing (Bocom Leasing) completed the issuance of a Rmb1 billion ($140.5 million), three-year bond at 2.02%. Earlier the same month, Shanghai Fosun High Technology, a subsidiary of Chinese conglomerate Fosun International, also raised Rmb1 billion through a three-year bond issuance at 4.90%.

¬ Haymarket Media Limited. All rights reserved.

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