Magic circle firms Clifford Chance and Linklaters have advised on the RMB2.5bn (£266m) bond issuance of China Minmetals.

The Chinese state-owned enterprise – one of the world’s largest metals and minerals trading companies – completed its sale of the three-year dim sum bonds at 3.65% at the end of last month, making it the fourth company to issue RMB bonds in Hong Kong since the rules regarding off-shore yuan bond issuance were changed last year.