Beijing voices continued support for Hong Kong as financial hub as concerns mount
Beijing voices continued support for Hong Kong as financial hub as concerns mount

Beijing voices continued support for Hong Kong as financial hub as concerns mount

 

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Chinese central government is expanding existing financial schemes with Hong Kong and voicing continued support for Hong Kong’s role as a gateway for international investors into China, amid mounting concerns about the impact of a new national security law on the city.

The People's Bank of China on Friday celebrated the third anniversary of Bond Connect, a scheme that allows foreign investors to buy bonds in China's onshore interbank market through financial institutions in Hong Kong.

The central bank pledged to improve the programme, which has helped boost foreign ownership of Chinese . . .

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