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Hong Kong Resurrects China Bond Futures With Liquidity in Focus
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Hong Kong Resurrects China Bond Futures With Liquidity in Focus It may be third time lucky when Hong Kong launches Chinese government bond futures on Monday, as Beijing pushes to offer a hedging tool key to the globalization of its debt market and currency. Compared with the short-lived trial in 2017 and an aborted second attempt two years ago, market watchers say conditions are ripe for the product to take off this time. Significantly higher foreign ownership of Chinese sovereign notes and...
Hong Kong Resurrects China Bond Futures With Liquidity in Focus
It may be third time lucky when Hong Kong launches Chinese government bond futures on Monday, as Beijing pushes to offer a hedging tool key to the globalization of its debt market and currency.
Compared with the short-lived trial in 2017 and an aborted second attempt two years ago, market watchers say conditions are ripe for the product to take off this time. Significantly higher foreign ownership of Chinese sovereign notes and user-friendly terms of the futures contract will help.