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China gives the nod for investors to buy offshore debt via Hong Kong, opening the southbound leg of Bond Connect

Published Sep 15 2021 at 9:05 AM GMT
Key
Points
  • Mainland China’s investors will be allowed to buy and sell offshore debt through Hong Kong in a widening of the Bond Connect transborder investment channel that enhances the city’s role as China’s financial centre.
  • The so-called southbound leg of Bond Connect will take effect from September 24, according to an announcement by the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank.
  • The much-anticipated opening, hot on the heels of the September 10 launch of the Wealth Management….




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  • Published Sep 15, 2021 9:05 AM GMT