Southbound Bond Connect kicks off: Two-way market opening-up speeds up
China has launched Southbound Bond Connect to allow mainland investors to trade bonds in Hong Kong. This is another major measure taken by China to support the development of Hong Kong. The southbound link will not only deepen the interconnection between the Greater Bay Area, which comprises Guangdong Province, Hong Kong and Macao, but will inject vibrancy into Hong Kong's financial industry. So how will this program be received? And what does this two-way bond market connection mean? In this episode of BizBeat, CGTN's Zheng Junfeng explains.