'Northbound' mainland-Hong Kong bond connect to operate Monday
Share - WeChat
BEIJING -- Qualified overseas investors will be able to invest in the Chinese mainland interbank bond market via the mainland-Hong Kong bond connect program starting Monday, an official statement said Sunday.
Relevant law and regulation, business rules, operation scheme, and regulatory arrangements have already been determined, while the technical system is also in place, according to the joint statement by the People's Bank of China and Hong Kong Monetary Authority.
The "northbound" bond connect, which allows qualified overseas investors buy bonds in the mainland interbank bond market either with Chinese yuan or foreign currencies, will be operating on a trial basis, according to the statement.
Related Stories
- Countdown to 15th National Games: On-site warm-up entertains audience
- Eight missing after cargo ship collides with fishing vessel near Shandong
- Investing in people: a worthwhile investment
- Exhibition commemorating the epic relocation of universities opens in Fujian
- Twelve punished for scaffold collapse that killed 7 in Shandong
- Slovenian official visits whole-process people's democracy practice site of CPPCC committees
































