ANNOUNCEMENT 16 May 2017
May 16th, 2017 - The Hong Kong Monetary Authority announced that qualified investors would soon be able to invest in China's bond market with an HK bank account.
NUMBER OF INTERVENTIONS
Hong Kong Monetary Authority, May 16th 2017. (Joint Announcement of the People’s Bank of China and the Hong Kong Monetary Authority)
From the 3rd of July 2017, an agreement from the Hong Kong Monetary Authority and People's Bank of China opened access into the mainland Chinese bond market through HK under the 'Bond-connect' scheme.
'Qualified investors' (central banks, sovereign wealth funds and large financial institutions) were granted the ability to invest in Chinese governement, agency and corporate bonds without having to open a Chinese bank account.