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HSBC completes first trade on Hong Kong-China bond connect scheme
July 3, 2017 / 1:15 AM / 5 months ago

HSBC completes first trade on Hong Kong-China bond connect scheme

HONG KONG (Reuters) - HSBC Holdings (HSBA.L) said it had completed its first trade on the long-awaited Hong Kong-China bond connect scheme, which went live on Monday.

FILE PHOTO: People walk past a major branch of HSBC at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip/File Photo

    The scheme links China’s $9 trillion bond market with overseas investors, the latest step in the opening of the country’s capital markets.

    Reporting by Umesh Desai; Editing by Anne Marie Roantree and Joseph Radford

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