(15 September 2021) Luanne Lim, Chairperson, The Hong Kong Association of Banks, said, "Bond Connect has played an active part in the development and liberalisation of Mainland bond market. Since the introduction of Northbound Bond Connect in 2017, China's domestic bond market which is the second largest globally, has gained significant traction among international investors. The launch of Southbound Bond Connect will provide an important platform for Mainland investors to diversify their asset allocation. Hong Kong has been in the forefront in facilitating mutual market access between mainland China and global capital markets. The banking industry will continue to work with relevant stakeholders to explore new products and innovations to grow the depth and breadth of Hong Kong's bond market."

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