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HKMA designates 13 market makers for Southbound bond trading scheme

HKMA Asian Private Banker
The Hong Kong Monetary Authority

The Hong Kong Monetary Authority has named the first batch of market makers for the Southbound Trading under the Bond Connect Scheme, in China’s ongoing push to liberalise its financial market. A total of 13 banks have been selected by the city’s de facto central bank to facilitate the operation and bond trading for the Southbound scheme. The financial institutions…

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