China stock rout may delay govt's push for 'bond connect' scheme

Hong Kong

THE Chinese stock-market slump may delay how quickly regulators can push ahead with the launch of a programme to connect the mainland's US$5 trillion bond market with overseas investors, three sources briefed on the matter told Reuters.

The delay shows how the stock-market rout is diverting the energy of officials, particularly those in China, and so delaying Beijing's ambitions to open its capital markets to overseas investors.