HONG KONG -- China has expanded its Southbound Bond Connect program to allow a broader range of mainland financial institutions to invest in offshore bond markets via Hong Kong, further relaxing restrictions on outbound capital flows.
Bonds
China's offshore bond trade opens up to non-bank financial entities
Southbound Bond Connect expansion follows easing yuan depreciation pressure
.jpeg?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
China announces the easing of outbound capital controls at the Bond Connect Anniversary Summit in Hong Kong on Tuesday. (Lorretta Chen)
Read Next
Latest on Bonds
