Monday May 14 2018
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
It has been reported that Hong Kong Connect will publish a timetable for Southbound trading. The publications is expected to be released when there is sufficient demand for Southbound trading.
At present there are planned changes to
- use real-time delivery-versus payment method for settling bond trades,
- increase the use of Chinese onshore yuan for settlement as well as offshore yuan and
- clarify how taxes are paid on corporate debt coupons, according to the general manager of Bond Connect Co.
Funds-Axis will publish a link when further information on this development becomes available.