国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Bond trading link is coming

By Luo Weiteng in Hong Kong | China Daily | Updated: 2017-06-30 07:20

Bond trading link is coming

A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province, Aug 11, 2015. [Photo/Xinhua]

Overseas investors are pinning high hopes on the first trading link for bonds between the mainland and Hong Kong, as the government makes the final preparations for the mega scheme that makes its $10 trillion mainland debt market more accessible.

Though regulators have not explicitly revealed when the long-anticipated "Bond Connect" will officially begin, it is expected to be announced and launched as soon as July 3, as a fitting tribute to the 20th anniversary of Hong Kong's return to the motherland.

Echoing remarks from Zhang Xiaohui, assistant governor of the People's Bank of China, that bond connect is "technically ready" at the moment, Hong Kong Exchanges & Clearing (HKEx) Chief Executive Li Xiaojia said on Thursday in Hong Kong that everything is all set except a final push.

Overseas investors are betting big on the scheme, which is built on the concept of the two existing stock connects and helps to make the mainland's massive capital markets more global.

"The investor appetite has improved since regulators gave the green light to the cross-border bond trading system in May," said James O'Sullvian, Hong Kong-based head of securities services at Standard Chartered Bank.

The trading mechanism, known for its simplified application process and automated trading, has what it takes to satisfy international investors, O'Sullvian noted.

"Regulators have done a fantastic job to simplify the whole process, freeing overseas investors from mountains of paperwork," O'Sullvian said. "Moreover, they have enough foresight to introduce the automation into the trading platform, which proves to be the key to attract international investors."

"I would use the word 'revolution' rather than 'evolution' to describe the landmark program. It is probably the most important milestone that everyone is looking for to access the vast Chinese mainland market," said Ivan Nicora, chief executive officer at Euroclear Hong Kong.

Nicora views the bond connect, allowing international and Hong Kong investors to trade onshore bonds, as a "directional revolution" that would bring "fundamental changes" to the world's third-largest bond market where overseas ownership remains less than 2 percent.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
西乌| 福建省| 准格尔旗| 宜良县| 泾阳县| 彝良县| 瑞昌市| 大兴区| 湖南省| 安庆市| 尖扎县| 连城县| 白银市| 景德镇市| 科技| 沁阳市| 融水| 横峰县| 安西县| 彰武县| 新密市| 白水县| 舒兰市| 平舆县| 盐津县| 玛沁县| 香河县| 通化市| 连江县| 福鼎市| 阳信县| 邻水| 黄龙县| 苗栗市| 阿鲁科尔沁旗| 德州市| 项城市| 大邑县| 兴义市| 改则县| 瓮安县|