HONG KONG, Jan. 3 (Xinhua) -- The trading volume of Bond Connect program between Hong Kong and the Chinese mainland nearly doubled last year.
Bond deals worth 2.63 trillion yuan (about 377 billion U.S. dollars) were made under the program last year, up 198 percent from a year ago and with daily trading at 10.7 billion yuan, data from Bond Connect Company Ltd. showed.
By the end of December, the program has attracted 1,601 global investors, more than double the number of 2018, including 64 of the top 100 asset management companies in the world.
Launched on July 3, 2017, the Bond Connect program links mainland and Hong Kong markets, thus granting overseas investors easier access to the enormous market of the Chinese mainland. After more than two years of operation, it has won the recognition of global investors.
The Chinese bond market stood at nearly 100 trillion yuan at the end of November 2019, the second largest in the world.
A single purchase
