The Hong Kong Monetary Authority announced the addition of nine financial institutions as “Southbound Connect” market makers for Bond Connect

Breakings ·  09/22 18:03
The Hong Kong Monetary Authority (HKMA) announced today the addition of nine financial institutions, China International Financial Corporation Hong Kong Securities Limited, China Merchants Wing Lung Bank Limited, CSI Global Markets Limited, DBS Bank, Deutsche Bank (Hong Kong Branch), Cathay Pacific Securities (Hong Kong) Limited, Huatai Financial Holdings (Hong Kong) Limited, Industrial Bank Limited, and UBSAG, as “Southbound Market Makers” for Bond Connect. The number of designated market makers increased from 13 to 22. Designated market makers are required to provide investors with secondary market liquidity to support the smooth and orderly operation of “Southbound Connect”.

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