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Hong Kong, China regulators approve 'Bond Connect' scheme

Initially only foreign and HK investors will be able to trade Chinese bonds; there'll be no quota for such investments

Hong Kong

HONG Kong and Chinese regulators said on Tuesday they had formally approved a long-awaited scheme to connect China's US$9 trillion bond market with overseas investors, another key step in the opening up of China's capital markets.

Plans for a "Bond Connect" programme have...

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