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  • Beijing Review

    ECONOMY

    Oct 15, 2020 4 minutes

    Bond Connect Trade

    The trading volume under China’s Bond Connect program in September reached 419 billion yuan ($61.7 billion), according to a monthly report released by the Bond Connect Co. Ltd.

    The program saw a total of 5,270 trade tickets, with an average daily turnover of 19 billion yuan ($2.8 billion) in September, the report said.

    By the end of the month, the program had 2,171 approved investors, including 74 of the top 100 global asset management companies.

    The Bond Connect program, launched in July 2017, is a mutual market access scheme that allows overseas investors to invest in the Chinese mainland’s interbank bond market using financial institutions on the mainland and in Hong Kong.

    Tax Cuts

    Tax and fee cuts

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