Hong Kong Exchanges and Clearing Limited (HKEX) welcomed the announcement by Li Keqiang, the Premier of the State Council of the People’s Republic of China, yesterday about setting up bond market links between Hong Kong and Mainland China.
HKEX believes that Bond Connect represents a major breakthrough in the development of the Mainland capital markets and further strengthens the role of Hong Kong as a gateway between the Mainland and international markets.
HKEX is progressing with the preparatory work for Bond Connect under the guidance of the Mainland and Hong Kong authorities. A further announcement will be made by the relevant parties in due course.