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

Source: China – South China Morning PostMainland 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 the 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 launch of southbound trading of Bond Connect marks another milestone of mutual access…Read More

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