The Hong Kong-China Bond Connect is drawing close to its
rumoured July 1 launch – which coincides with the
20th anniversary of the territory’s
handover - but many questions remain concerning this
The latest iteration of the platform comes two years after a
stock link between Hong Kong and Shanghai was created, and a
year after one with Shenzhen.
This comes as Hong Kong Stock Exchange (HKEx) chief
executive Charles Li revealed today at the fourth RMB
fixed-income and currency conference in the former British
colony that PRC regulators’ had decided not to
launch the southbound channel of the Bond Connect –
Chinese mainland into Hong Kong - before 2019.
Counsel in China point to a more pressing issue over
beneficial ownership, because insufficient clarity held some
foreign investors and regulators back at the initial stage of
the Stock Connect.
"Foreign investors really pay a lot of attention to
the beneficial ownership...