Wary foreign investors see familiar hurdles in China's HK bond connect
Capital controls, lack of faith in credit ratings, low liquidity are among them
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Beijing
CHINA is about to broaden foreign access to its US$10 trillion debt market - but international investors are likely to be wary.
The bond connect with Hong Kong is in the final stages of preparation, Charles Li, chief of the city's bourse operator, said on Monday. Overseas money managers own less than 2 per cent of Chinese debt, leaving plenty of scope for increased inflows.
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