CFETS Bond Connect recently co-hosted a promotional conference with Agricultural Bank of China (ABC) targeting financial institutions from Greater China (Hong Kong, Macau, Taiwan) and Singapore. The event focused on investment opportunities in China’s bond market liberalization, attracting around 60 representatives from banks, securities firms, and asset management companies via online participation.

Lu Xiangqian, General Manager of Market Department II at CFETS, highlighted the steady progress in cross-border financial market connectivity, citing milestones like Bond Connect, Swap Connect, and the gradual easing of repo business restrictions. He emphasized CFETS’ commitment to enhancing trading services for international investors through institutional, product, and service innovations.

Ma Yongbo, Vice President of ABC’s Capital Operations Center, underscored ABC’s pivotal role as a market maker, custodian, and investor in facilitating foreign access to China’s bond market. He reiterated ABC’s dedication to supporting global investors in capitalizing on RMB-denominated asset opportunities.

The agenda covered interbank market developments, recent liberalization measures, overseas investment trends, and green bond prospects. A panel discussion moderated by ABC’s senior trader Kang Zhuoqun featured insights from industry leaders, including Henry Hung (Standard Chartered Hong Kong), Zac Li (Dymon Asia Singapore), and ABC’s trading experts. Discussions revolved around RMB asset allocation strategies, liquidity management, Swap Connect optimizations, and repo market dynamics. Participants expressed optimism about growing international interest in China’s expanding bond market and diversified risk tools.

Moving forward, CFETS pledged to implement PBOC’s policies on bond market openness, refine connectivity mechanisms, and bolster financial infrastructure. The "CFETS Bond Connect" forum series will continue to bridge onshore-offshore market dialogue, fostering higher-quality global participation in China’s bond market.

For the full English report, click here.