HONG KONG -- Chinese investors will have a new channel to trade in offshore debt starting next week, in the latest move to open the financial system of the world's second-largest economy.
The so-called southbound Bond Connect program debuts Sept. 24, letting mainland investors buy and sell notes tradable in Hong Kong, according to the Hong Kong Monetary Authority (HKMA). The long-awaited program completes the loop with a similar Hong Kong-mainland link that opened in 2017 and gave global investors access to China's $17.5 trillion bond market.
