Tencent Music Entertainment Group and the Guangdong provincial government will list multiple bonds in Hong Kong on September 11.

Tencent Music Entertainment Group and the Guangdong Provincial Government are set to launch multiple bonds in Hong Kong, reflecting the ongoing diversity and depth of the Hong Kong fixed income market. The bonds are expected to be listed in Hong Kong on September 11, highlighting Hong Kong's important role in connecting issuers with global capital and providing investors with diversified fixed income investment opportunities. Since its first issuance of offshore bonds in 2020, Tencent Music Entertainment Group has returned to the offshore bond market. This dual-maturity issuance includes 5-year and 10-year bonds, with a total amount of $1 billion. The Guangdong Provincial Government is issuing dim sum bonds in Hong Kong for the third consecutive year, with a total amount of 7.5 billion offshore RMB. This issuance is also the largest dim sum bond issuance from Guangdong Province this year, with the 5-year bonds designated for eligible green and blue projects.