China firms' yuan convertible bond issues will not hit HK fund-raising: CSRC

HONG KONG (AFX-ASIA) - China Securities Regulatory Commission chairman Zhou Xiaochuan said the growing tendency of China based enterprises to issue convertible bonds in yuan would not affect the companies' fund raising activities in Hong Kong.          Speaking to reporters at the sidelines of the Asia and Global Finance conference, he said some mainland companies, on an individual basis, were opting to issue convertible bonds in yuan.          "I believe a lot of mainland based companies are still interested to raise funds in Hong Kong and need ample capital."          He believes the move to issue convertible bonds in yuan will have a balancing relationship between China and Hong Kong but did not elaborate. 

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