HSBC will act as the custodian and fund administrator to one of the first UCITS funds to invest in China's Bond Connect scheme.
Tag: Bond Connect
Partnership will expand access to the China Interbank Bond Market through the Bond Connect scheme.
Standard Chartered head of Hong Kong securities services expects the new settlement model to go live in October.
A number of firms have commenced transactions using the Chinese Bond Connect venture which went live this morning.
China has seen numerous reforms in the last several years and the Bond Connect initiative looks like the next major step for the country.