China and Hong Kong have launched a bond trading link that brings the world’s third-largest debt market one step closer to widespread acceptance in international investors’ portfolios.
The so-called Bond Connect will allow foreign fund managers to trade in China’s $9tn government, agency and corporate debt markets without, for the first time, having to set up onshore accounts.
More than $1tn of offshore bond funds could flow into Chinese debt in the next decade, predicts Goldman Sachs.
您已閱讀15%(488字),剩餘85%(2801字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。