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MNI BRIEF: HK Plans New Risk Tools For Connect Programme

MNI (Singapore)
(MNI) Beijing
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Hong Kong will incorporate more risk management tools into the mainland-HK Connect programme to address investor needs and provide more yuan-denominated products to facilitate its international use, said HK Financial Secretary Paul Chan on Thursday at the 2024 Bund Summit, co-hosted by CF40, a prominent think tank.

The Connect Programme, which initially focused on stocks and bonds, has expanded to derivatives products such as exchange-traded funds, index futures and swap contracts, he noted. (See MNI INTERVIEW: China's Connect Program To Expand Capital Flows)

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Hong Kong will incorporate more risk management tools into the mainland-HK Connect programme to address investor needs and provide more yuan-denominated products to facilitate its international use, said HK Financial Secretary Paul Chan on Thursday at the 2024 Bund Summit, co-hosted by CF40, a prominent think tank.

The Connect Programme, which initially focused on stocks and bonds, has expanded to derivatives products such as exchange-traded funds, index futures and swap contracts, he noted. (See MNI INTERVIEW: China's Connect Program To Expand Capital Flows)

Keep reading...Show less