PBOC governor says China, Hong Kong to expand bond connect trading quota
Reuters
Sources
Reuters
Markets
Bonds
Language
English
People's Bank of China Governor Pan Gongsheng said on Tuesday the quota for the Southbound Bond Connect trading scheme between Hong Kong and China would be expanded.Pan said the quota would be increased from 500 billion yuan to 800 billion yuan ($117.72 billion).China's national foreign exchange re…
People's Bank of China Governor Pan Gongsheng said on Tuesday the quota for the Southbound Bond Connect trading scheme between Hong Kong and China would be expanded.
Pan said the quota would be increased from 500 billion yuan to 800 billion yuan ($117.72 billion).
China's national foreign exchange reserve would also further increase investment in Hong Kong's markets, he added.
