More issuers turn to Dubai listings as yuan bonds gain traction in the Middle East

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More Chinese and local issuers could tap Dubai to list debt and equity securities, signalling confidence in the Chinese economy and the deepening economic corridor between China and the Middle East, according to the CEO of Dubai Financial Services Authority (DFSA).The momentum would build on Emirates NBD Bank’s recent offshore yuan bond of 1 billion yuan (US$143 million), listed on Nasdaq Dubai, marking the lender’s return to the dim sum bond market and enabling global investors to access...