The People’s Bank of China and Hong Kong Monetary Authority said Tuesday that the bond connect system would only be northbound at the start, giving foreigners a channel to buy onshore securities. There will be no daily quota, and the regulators didn’t provide a date for when trading would begin. Authorities in Hong Kong and the mainland will sign a memorandum of understanding to coordinate supervision, the statement said.Only inflows to start.
iFeng: 央行:同意开展香港与内地债券通 启动时间将另行公告
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