Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang
Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang

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

  • So far, 2,733 global institutional investors have been approved to use the northbound Bond Connect to access China’s US$17.5 trillion bond market
  • The southbound Bond Connect is likely to start with investments in offshore yuan-denominated debt, known as dim sum bonds

Topic |   Banking & Finance
Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang
Pan Gongsheng, the deputy governor of the People's Bank of China (left) and Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority, during a seminar in July 2018 to mark the first anniversary of the Bond Connect, at the HKEX Connect Hall in Central. Photo: Sam Tsang
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