Pan Gongsheng, deputy governor of People’s Bank of China, on Thursday said that the launch of two cross-border investment schemes was imminent. Photo: Simon Song
Pan Gongsheng, deputy governor of People’s Bank of China, on Thursday said that the launch of two cross-border investment schemes was imminent. Photo: Simon Song

Wealth Management Connect and southbound Bond Connect schemes to start in next few days, PBOC deputy governor says

  • An aggregate quota of 300 billion yuan (US$46.47 billion) in fund movement will be allowed under the Wealth Management Connect
  • Upcoming launch of southbound Bond Connect link will complement the northbound route launched in 2017

Pan Gongsheng, deputy governor of People’s Bank of China, on Thursday said that the launch of two cross-border investment schemes was imminent. Photo: Simon Song
Pan Gongsheng, deputy governor of People’s Bank of China, on Thursday said that the launch of two cross-border investment schemes was imminent. Photo: Simon Song
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