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Green bonds

An employee works on solar photovoltaic modules for export at a factory in Sihong, in Jiangsu province, on September 3. Strong state support and huge private investment have made China’s solar industry a global powerhouse, but it faces new headwinds including punitive tariffs and a brutal price war at home. Photo: AFP

Opinion | Asia is emerging as an unlikely champion in race to net zero

The region’s journey to carbon neutrality highlights both the challenges of moving away from fossil fuels and the great potential for progress.

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HKMA wants to continue developing Greater Bay Area, expand connect schemes

Hong Kong HK$50 billion Silver Bonds issue a ‘win-win investment’: Paul Chan

Investors eat up dim sum bonds from Guangdong province, Hong Kong’s MTR

Issuance of offshore yuan-denominated bonds has jumped 28 per cent this year, according to the Hong Kong Monetary Authority.

Issuance of so-called dim sum bonds exceeded 465 billion yuan (US$65 billion) in the first half of 2024. Photo: Bloomberg

Hong Kong has strengths to aid sustainability goals in mainland China: survey

Hong Kong can provide intellectual support in terms of talent and guidance on capital flows, according to a research report on sustainability trends.

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China pledges support for green finance in dense, sprawling economic zone

Guidelines have been issued for green finance in China’s economic nerve centre as the country continues its journey to decarbonisation.

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Opinion | How Hong Kong can be a climate change superconnector

The city can take a two-pronged approach, accelerating local decarbonisation while helping finance the climate transition across Asia.

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A photovoltaic system installed by the Water Supplies Department floats at the Shek Pik Reservoir to collect reference data for the future implementation of large-scale floating solar farms on reservoirs in Hong Kong, in September 2021. Photo: Martin Chan

A steady hand in rough Hong Kong monetary waters

Eddie Yue Wai-man’s reappointment for a second five-year term as head of the Hong Kong Monetary Authority is good news. Yue has amply proved himself over the past five difficult years. The next five years will be just as challenging, if not more so.

Guangdong joins ‘dim sum’ bond feast with US$1 billion sale in Hong Kong, Macau

Province’s move follows Shenzhen’s announcement of a US$964.4 million sale of offshore yuan-denominated bonds as China pushes to internationalise its currency and boost Hong Kong’s hub role.

Shenzhen authority sells 7 billion yuan of ‘dim sum’ bonds in Hong Kong

The fourth offering in the last four years, which will fund an array of infrastructure projects, brings total funds raised to US$3 billion.

The Exchange Square complex in Hong Kong, home to the city’s bourse operator Hong Kong Exchanges and Clearing, pictured on July 19, 2024. Photo: Jonathan Wong

Hong Kong raises US$3.2 billion via multicurrency green bond

Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish itself as a sustainable finance hub.

Proceeds raised will be used to finance projects that provide environmental benefits and support sustainable development, the HKMA said. Photo: Getty Images

Hong Kong hires banks for sale of green bonds to raise dollar, euro, offshore yuan funds

Hong Kong unveiled plans for a multi-tranche sale of green bonds in dollar, euro and offshore yuan currencies to raise funds for financing projects under the government’s green bond framework.

The View | Financiers can be Hong Kong’s superpower in biodiversity ambitions

New-found interest of financial professionals and corporate leaders in conservation is welcome surprise as city updates biodiversity strategy.

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Hong Kong government leads Asia in green-bond issuance, fifth largest globally

City’s sustainable debt market issuance grew 236 per cent year on year in 2023 to US$18.2 billion, according to Climate Bonds Initiative.

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Visitors pose for photos inside the “Lost in the Woods” bamboo-themed maze, during an event at Wan Chai Harbourfront Event Space in Hong Kong on March 20, 2024. Photo: Eugene Lee

Hong Kong to host city’s largest Asia-focused green finance training event

Empowering Sustainability Prosperity in Asia will focus on fostering the low-carbon transition in southeast, central, and east Asia.

Commercial buildings stand on Hong Kong Island in a 2022 file photo. Photo: Yik Yeung-man

China climate-focused funds saw higher inflows, but fewer launches last year

Climate-focused funds in China saw a decline in assets and product launches last year despite an uptick in inflows, with the funds prone to huge volatility because of speculative trading, according to Morningstar.

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JPMorgan pushes framework for capital seekers to make sustainability commitments

A draft disclosure framework aims to help capital seekers attract money to plug a severe funding gap for the UN’s 2030 development goals, especially in emerging markets.

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Letters | China’s local governments missing out on benefits of green bonds

Readers discuss a little-tapped funding source for China’s indebted local governments, why the waste charging plan failed, and the continuing need for English language training.

Workers install photovoltaic panels in Zhongwei, in China’s northern Ningxia region on May 9. Research has shown that nearly 20 per cent of the bonds put on the market by local governments in 2022 could potentially qualify as green bonds. Photo: AFP

HSBC veteran banker urges Hong Kong’s youth to be wary of generative AI

Generative AI is adding uncertainty to an already uncertain world, but Hong Kong can cope with the challenges by leveraging its hub status and acting as a gateway to China, according to HSBC’s Peter Wong.

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Hong Kong introduces green finance taxonomy to boost fundraising credentials

The HKMA has issued a ‘green taxonomy’ framework to help banks and investors determine the sustainability of economic activities, the latest effort to boost the city’s standing as a green finance centre.

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‘Loopholes’ endanger Hong Kong’s status as green finance hub: Greenpeace

The city needs to set financing volume targets, restrict fossil fuel financing and enact a specialised anti-greenwashing law, environmental group says.

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A tourist views the Hong Kong skyline from The Peak on March 20, 2024. Photo: Eugene Lee

Opinion | Hong Kong’s One Earth Summit should be more than superficial talk on green deals

To shake up how finance is leveraged and directed to tackle priority issues, governments need to take the lead and set new sustainability standards and policy parameters – not leave it to the whims of financiers.

Plastic and other debris is seen washed ashore at a beach in Denpasar on Indonesia’s resort island of Bali earlier his month. Investments are needed to clean up plastic pollution and reduce greenhouse gases. Photo: AFP

Transition finance seen as a crucial tool in the fight against climate change

With the world facing a US$4 trillion green investment gap a year, transition finance will grow in importance because of regulatory support in Asia, experts say.

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How Hong Kong start-ups are adding gloss to city’s greentech hub ambitions

More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

Opinion | Australia summit shows Asean wants climate partners. Hong Kong, step up

Melbourne meeting reaffirmed Asean’s carbon neutrality strategy and unveiled partnerships with Australia. Asean’s climate investment gap is a chance for Hong Kong and the Greater Bay Area.

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A farmer looks at his crop in a dry rice field in southern Vietnam’s Ca Mau province, amid a long heatwave, on February 23. The Asean region is highly vulnerable to climate change. Photo: AFP

Hong Kong’s Paul Chan dismisses fears bond issuance plan may hurt credit ratings

Finance chief also issues rejoinder after predecessor slams bond issuance proposal in new budget, says past administration failed to boost land supply at the time.

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Hong Kong’s finance chief has also pointed to an assessment by the International Monetary Fund that concluded the government’s coffers were highly robust. Photo: Sun Yeung

Hong Kong can ‘absolutely’ repay bond offerings for public projects: Paul Chan

Finance chief shared in Wednesday’s budget address plans to issue HK$120 billion in silver, green and infrastructure bonds for financial year 2024-25.

Hong Kong treasury chief champions HK$600 billion bond issuance plan

Government anticipates strategy will help achieve budget surplus for 2025-26 financial year, with authorities to issue silver, green and infrastructure bonds over next five years.

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Green bonds
Latest news, analysis and commentary about the sale of fixed-income financial products to finance environmentally sustainable infrastructure projects and business activities.
last updated:
9 September, 2024
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