But only a quarter of America's listed companies can tap bond markets.

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It has more listed sukuk, which are bond-like investment certificates based on Islamic principles, than anywhere else.

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No bond information was listed for Sharyn Hakken.

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The National Development and Reform Commission, the top economic planning agency, is in charge of long-maturity bonds typically issued by major state-run enterprises, while the securities regulator runs a separate exchange-based bond market for listed firms.

WSJ: China Tightens Rules on Bond Issuance

Once the bond offering is successfully sold to QIB's through the holding and clearing companies in New York and Europe, the bond will be officially listed on a foreign stock exchange (in this case, the Hang Seng).

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As part of the effort to expand the market's investor base beyond Asia, the proposed bond may join a handful of yuan deals already listed on the London Stock Exchange, which is striving to become an offshore hub for the Chinese currency, another person said.

WSJ: HSBC Eyes London Yuan Bond