Hong Kong is staking a claim as Asia’s green finance hub, as the number and value of bonds related to environment, social and governance (ESG) quadrupled over the past year.As many as 90 ESG bonds were issued this year, raising a combined HK$270 billion (US$34.62 billion), four times what was sold last year, according to Nicolas Aguzin, chief executive of Hong Kong Exchanges and Clearing Limited (HKEX), the operator of the city’s bourse.“HKEX has turned climate risk into opportunities by…
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