Chief Executive Officer of the Hong Kong Securities Regulatory Commission: There is a

Liang Fengyi, Chief Executive of the Hong Kong Securities Regulatory Commission, said on Tuesday (July 9) that foreign capital now holds less than 3%of mainland bonds, and there is still a lot of room for increase holdings.The scale ratio of China Treasury bonds is also relatively low. I believe that China still has a large space to increase the scale of government bond issuance.

According to the Sing Tao Daily, the People's Bank of China and the Hong Kong HKMA announced earlier that bonds that are studying the "bond" channels to charge the "exchange" margin.Liang Fengyi said on Tuesday that the measures need to be systematically adjusted and the introduction of the rules. At present, various departments will cooperate well.Related measures.

Liang Fengyi also said that foreign capital currently holds less than 3%of mainland bonds, and there is still a lot of room for increasing holdings. In the past two years, foreign -funded institutions have increased their holdings of China.The scale ratio is low. I believe that China still has a large space to increase the scale of government bonds.

Earlier this year, the bonds in the "Bond Connect" have been included in the Hong Kong HKMA's RMB flowing funds for the Qualification List.Liang Fengyi said that the above measures can help the market's positions in shore bonds and promote the internationalization of the RMB. At present, the annual increase in bonds will increase the annual transaction volume. It is believed that it will also effectively increase the advantages of Hong Kong's fixed income product market and develop the Hong Kong RMB market in the shore.She also said that the CSRC will continue to further study with other regulatory agencies how to improve the convenience and infrastructure of Hong Kong's fixed income business.

The Hong Kong Stock Exchange recently announced that it is tightly prepared for the launch of China Treasury bond futures, which mainly tracks futures contracts that are tracked on the price of Chinese government bonds.Liang Fengyi said that I believe that the Hong Kong market has certain demand for the product. It is expected that its scale will increase, and the promotion of the second -hand market in the bond is also the focus of market attention.