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China s Bond Connect program reports robust operations in June - Buz & Tech News
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China s Bond Connect program reports robust operations in June
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2021-05-23 10:20:51 GMT2021-05-23 18:20:51(Beijing Time)
BEIJING, May 23 (Xinhua) China s Bond Connect program saw robust activity in April, kicking off the second quarter on a high, according to a report released by Bond Connect Co., Ltd.
The program saw a total of 5,340 trade tickets last month, with an average daily turnover of 24.7 billion yuan (about 3.84 billion U.S. dollars), read the report.
The total monthly trading volume under the program hit 519.2 billion yuan, the report shows.
Chinese government bonds and policy financial bonds are investors major focuses, according to the report.
By the end of April, Bond Connect had 2,505 approved investors, including 76 of the top 100 global asset-management companies, per the report.
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