日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

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

Bond link-up could debut before July 1

By LUO WEITENG in Hong Kong | China Daily | Updated: 2017-05-11 07:55

0

Bond link-up could debut before July 1

Li Xiaojia, CEO of HKEx, makes a speech during an event of LME Asia Week 2017 at Hong Kong Convention and Exhibition Center on Wednesday. PROVIDED TO CHINA DAILY

Key talks continue on moves to open up one of the world's biggest markets

Hong Kong Exchanges & Clearing (HKEx) Chief Executive Li Xiaojia said on Wednesday that he hoped the much-awaited bond trading link between the Chinese mainland and Hong Kong could be launched before July 1, as a fitting tribute to the 20th anniversary of the handover.

The stock exchange boss told the LME Asia Week conference in Hong Kong that he expected "more details" about the cross-border bond trading system to be disclosed in the coming weeks.

The city's stock market operator, Li pointed out, is currently joining hands with People's Bank of China and Hong Kong Monetary Authority to progress with preparatory work on the Bond Connect.

He hoped the program could stand a chance of making a debut before July 1, the big day marking the 20th year of the establishment of the Hong Kong Special Administrative Region.

But he reiterated regulatory authorities had the final say in the rollout of the trading scheme, while HKEx has no access to the specific timetable.

Dubbed Bond Connect, the trading platform aims to operate alongside the already existing two cross-border Stock Connect schemes that make the country's markets more accessible to offshore investors.

The CEO's remarks are about the latest move to ease access to the world's third-biggest bond market, as policymakers in the Chinese mainland look to encourage overseas investors to issue onshore and to invest in the domestic market.

In March Premier Li Keqiang set a general timeline for the Bond Connect to the year-end at a news conference in Beijing, after the close of the annual legislative sessions.

"Like China itself, the $9-trillion domestic bond market is too big to ignore. Yet, international investors hold no more than 2 percent of it," Li said.

"That's what makes Bond Connect a much-needed push for the nation's yet-to-be-opened debt market."

Unlike the country's stock markets that have grown for decades, the opening and development of the onshore bond market is far more recent.

Given the sheer size of China's debt market and its shorter history of development, the concept of Bond Connect itself stands as a "huge leap forward," Li noted.

But he also said that was also why the bond trading link was a mammoth project, which called for a massive infrastructure buildup from scratch in order to set up a framework for clearing, custody, execution and settlement operations, and a lengthy construction period.

Li said he believed the mega project would not involve a simple one-off launch, adding that even after rollout, it would require years of modifications to ensure its smooth running.

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
主站蜘蛛池模板: 亚洲无毛| 九九精品视频在线观看九九 | 欧美精品99 | 精品无人区一区二区三 | 国产在线精品一区二区夜色 | 正在播放国产无套露脸 | 日韩特级毛片 | 亚洲 欧美 另类 综合 偷拍 | 99久久精品国产免看国产一区 | 欧美在线一区视频 | 日日摸夜夜添夜夜 | 呦呦在线视频 | 欧美午夜视频一区二区三区 | 日韩毛片大全免费高清 | 日韩视频在线观看 | 99青草青草久热精品视频 | 国产在线精品视频 | 天天摸天天爽视频69视频 | 亚洲精品久久久久久蜜臀 | 天天狠天天干 | 99久久免费观看 | 91亚洲精品在线观看 | vidz 98hd| 日韩免费在线视频 | 亚洲人xxxx | 久久国产精品久久精品国产 | 又爽又黄axxx片免费观看 | 婷婷久月| 一级毛片国产真人永久在线 | 欧美电影网 | 久久九九99热这里只有精品 | 在线a人片免费观看国产 | 久久精品小视频 | 一区二区三区国产在线 | 一区二区在线 | 波多野吉衣一区 | 91麻豆精品一区二区三区 | 91情侣在线偷精品国产 | 91视频完整版 | 一级黄片毛片免费看 | 小明成人免费视频 |