腾讯控股正利用廉价离岸人民币债务为其人工智能基础设施融资，这是领先的中国科技公司利用相较于全球竞争对手的优势的最新突出例子。
Tencent Holdings is leaning into cheap offshore yuan debt to bankroll its artificial-intelligence infrastructure, the latest prominent example of leading Chinese technology firms using that edge over global rivals.
这家中国科技巨头本周出售了近57亿美元的债券，以支持其人工智能投资，这是其六年多来规模最大的发行。相较于以往的债券销售，此次交易以“点心”票据为主，这些票据的借贷成本较低。
The Chinese technology giant sold nearly $5.7 billion of bonds this week to support its AI investments in its largest offering in more than six years. In a shift from its previous debt sales, the deal was dominated by dim sum notes, which carried lower borrowing costs.
腾讯周二以260亿元人民币（约39亿美元）的价格发行了离岸人民币证券，其中10年期和30年期部分的票面利率分别为2.4%和3%，远低于美元票据6%以上的收益率。总体而言，人民币部分的融资规模超过美元部分的两倍。
Tencent priced 26 billion yuan ($3.9 billion) of offshore yuan securities on Tuesday, with its 10-year and 30-year portions carrying coupons of 2.4% and 3%, respectively, well below the more than 6% yields on the dollar notes. In all, the yuan tranche accounted for more than double the amount raised in the dollar portion.