Bloomberg Television
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China to Start Interest-Rate Swap Connect With Hong Kong
Posted
July 4, 2022
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July 4, 2022
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1:40Now PlayingThe People's Bank of China, the Hong Kong Monetary Authority and Hong Kong's Securities and Futures Commission are working to develop swap connect that would enable offshore investors to execute interest rate derivatives transactions with onshore investors in mainland China. China will also raise currency its swap with Hong Kong to 800 billion yuan ($119 billion) from 500 billion yuan. John Liu reports on Bloomberg Television.
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