A record rally in theoffshore yuan is rekindling hope for the Dim Sum bond market. With China’s currency defying North Korea tensions to be Asia’s top performer over the past month, that bodes well for yuan-denominated debt sold in Hong Kong, according to BOC International Holdings Ltd. The Dim Sum market has been under pressure since 2015, when the shock yuan devaluation rattled global markets and shattered one-way appreciation bets, and issuance is set to dwindle to the least in seven years. Now, it seems like officials have turned to Dim Sum friend from foe. The offshore yuan has advanced for 14 days, the longest ... (full story)