Hong Kong Plans Expand Bond Connect in July, HKEJ Reports
Apr 26 2021, 8:57 AM
April 26 2021, 6:53 AM
April 26 2021, 8:57 AM
(Bloomberg)
(Bloomberg)
Hong Kong plans to expand its trading link with the mainland to include southbound flows on bonds in early July, the Hong Kong Economic Journal reported, citing an unidentified source.
The southbound link will have quotas in place and only allow trading in certain eligible bonds, the HKEJ reported on Monday.
Hong Kong has a trading link with mainland China for investors on both sides to buy stocks in respective markets and has since 2017 allowed trades in mainland Chinese bonds. At the time, the aim in Hong Kong was also to allow mainland investors to buy bonds in Hong Kong.
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