Dossier
Southbound Bond Connect
Coverage of Southbound Bond Connect in the Nexus archive.
- China further boosts Hong Kong’s role as offshore yuan hub
China’s central bank announced measures to expand Hong Kong’s role as an offshore yuan hub, allowing mainland institutions to purchase a net 800 billion yuan annually via the Southbound Bond Connect scheme, a 60% increase. The move aims to inject vitality into Hong Kong’s markets and support broader international use of the yuan.