Hong Kong Exchanges and Clearing Limited (HKEX): "Connect" product types will be further enriched.

On May 15, Hong Kong Exchanges and Clearing Limited (HKEX) announced that the People's Bank of China, the Hong Kong Securities and Futures Commission, and the Hong Kong Monetary Authority had jointly issued a press release on deepening cooperation on the "Bond Connect". HKEX's subsidiary, Hong Kong OTC Clearing Limited, will work with China Foreign Exchange Trading Center and the Interbank Market Clearing House to further enhance the product maturity and types of the Bond Connect to better meet the needs of overseas investors in managing Renminbi interest rate risks.