HKMA and PBoC to set up a CNY 100bn liquidity facility for trade finance

Hong Kong Monetary Authority statement:

• HKMA and PBoC will set up CNY 100bln liquidity facility for trade finance
• China to encourage listings and debt issuance in Hong Kong
• Bond Connect Southbound Scheme hours to be extended
• onshore investor choices for international bonds through link to expand

This article was written by Eamonn Sheridan at www.forexlive.com.