Investment in China’s onshore bond market set to increase
(21 October 2019 – Hong Kong) With 44.9 percent of FI institutional investors planning to increase their exposure to China’s onshore market in the coming 12 months, Hong Kong’s Bond Connect scheme is set to be the dominant channel to market.
According to East & Partners’ latest Bond Connect – Global FI Investor research, 36.5 percent of global FI institutional investors are currently invested in China’s onshore bond market with a further 56.7 percent highlighting it as ‘under consideration’.
Given Bond Connect is nominated by 74.1 percent of these institutional investors as the access scheme which best suits their China investment needs, it is no surprise ANZ has recently joined the channel.
With no Australian bank among the top 18 China dealers for FI institutional investors, ANZ’s decision to join Bond Connect could be welcome news for Australian based investors.