Saturday 17 April 2021
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scmp - 2 month ago

Government seeks to beef up Hong Kong’s role as Asia’s bond hub by accelerating Bond Connect, increasing use of green bonds

Hong Kong’s government is looking to tap China’s US$15 trillion bond market for growth, as it proposed creating a trans-border investment channel that can turn the city into a regional centre for trading fixed-income financial products. It also unveiled plans to raise the ceiling on its own fundraising via bond sales.In his 2020-21 budget speech, Financial Secretary Paul Chan Mo-po announced a range of measures to bolster the development of Hong Kong’s bond market, which the government said…


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