The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.
China’s latest act is to invite more foreign players to its US$232 trillion onshore repo market. As a precursor, Hong Kong will treat Chinese government bonds and policy bank bonds as eligible collateral in its yuan liquidity facility.
Economic Watch: China s bond market remains magnet for foreign investors anhuinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from anhuinews.com Daily Mail and Mail on Sunday newspapers.
China s bond market remains magnet for foreign investors china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.