Mainland China’s investors will be allowed to trade offshore bonds through an expansion of the Bond Connect scheme linking mainland and Hong Kong markets.
The so-called southbound leg of the Bond Connect will take effect from September 24, according to a joint announcement released by the People's Bank of China and the Hong Kong Monetary Authority (HKMA).
“The launch of southbound trading of Bond Connect marks another milestone of mutual access between Hong Kong and mainland. The southbound trading will deepen the two-way opening up of the mainland financial markets and . . .
SIGN IN OR SUBSCRIBE TO GET FULL ACCESS.
Random and hype-based reporting never gives you a full picture. Focused and systematic reporting does. We track Chinese economy and financial market in a systematic way to help you make intelligent decisions.
We highly value independence. Your subscription is important for us to stay independent.