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MNI BRIEF: Swap Connect Quotas Currently Sufficient - PBOC

MNI (BEIJING)
MNI (Beijing)

Mainland China and Hong Kong authorities see swap connect quotas as currently sufficient, but could increase in the future should conditions change, Zhou Yu, head of the PBOC International Department told reporters on Wednesday.

Zhou said China was constantly exploring new measures to make investor activities more convenient when using market interconnection programmes, and would work to optimize cross-border wealth management links between Guangdong-Hong Kong-Macao Greater Bay Area.

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Mainland China and Hong Kong authorities see swap connect quotas as currently sufficient, but could increase in the future should conditions change, Zhou Yu, head of the PBOC International Department told reporters on Wednesday.

Zhou said China was constantly exploring new measures to make investor activities more convenient when using market interconnection programmes, and would work to optimize cross-border wealth management links between Guangdong-Hong Kong-Macao Greater Bay Area.

Keep reading...Show less