“The Bond Connect initiative is likely to witness increased activity through 2023,” revealed an audience poll conducted at last week’s China Fixed Income Summit in Hong Kong.
Mirroring the observations of Stanley Chan, head of the Payment Systems Operation Division at the Hong Kong Monetary Authority HKMA and CEO of Hong Kong FMI Services, the interactive poll suggested that both the Northbound and Southbound trading channels of the Bond Connect scheme will experience increased trade flows in 2023.
The cross-border investment initiative provides mainland Chinese and Hong Kong-based investors access to the fixed income instruments on offer in their respective markets.
While the Northbound...