Hong Kong Monetary Authority: Will further optimize the "Interbank Clearing" in the future, including expanding the list of trading parties.

According to the Zhidong Finance APP, Lee Tat-chi, Deputy Chief Executive of the Hong Kong Monetary Authority, said that the daily net trading limit of the "Bond Connect" launched in May 2023 has recently been increased to 45 billion RMB, and will be further optimized in the future, including expanding the list of trading companies. Hong Kong is expanding its liquidity management tools to meet the needs of international investors. The monthly turnover of the "Bond Connect" has increased from 50 billion RMB at its launch to 380 billion RMB in May this year, nearly 7 times growth; the daily average settlement amount reached 25 billion RMB, far exceeding expectations.