Bond Connect With Hong Kong
The People’s Bank of China and Hong Kong Monetary Authority said Tuesday that the bond connect system would only be northbound at the start, giving foreigners a channel to buy onshore securities. There will be no daily quota, and the regulators didn’t provide a date for when trading would begin. Authorities in Hong Kong and the mainland will sign a memorandum of understanding to coordinate supervision, the statement said.
Only inflows to start.
iFeng: 央行：同意开展香港与内地债券通 启动时间将另行公告