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HK seen hub for Chinese firms seeking ESG loans - Vimarsana News

HK seen hub for Chinese firms seeking ESG loans

CHINESE companies have long turned to Hong Kong for foreign-currency borrowings. This now includes a corner of the green-debt market that’s helping to stanch the city’s overall slowdown in corporate lending. Mainland firms last year obtained $6.7 billion of so-called sustainability-linked loans, which tie interest rates to corporate sustainability targets.…