China Construction Bank lists $600m bond on Nasdaq Dubai

Dubai

The Hong Kong branch of China Construction Bank (CCB) listed a $600 million (Dh2.2 billion) bond on Tuesday on Nasdaq Dubai, the region’s international financial exchange.

CCB is the fourth Chinese bank to list a bond on the exchange since 2014, underlining the expanding capital markets and economic ties between the UAE and China. Nasdaq Dubai provides Chinese and other Asian issuers with high regional as well as global visibility and a first class listing infrastructure.

CCB’s listing raised the total value of conventional bonds listed on Nasdaq Dubai to $11.39 billion.