Saxo Bank offers full digital access to mainland China bonds via a simple «click to trade» functionality, a first in the market.
Qualified institutional clients can now access a variety of China bonds through a simple trading process via Saxo Bank. The bank has streamlined access to a market that has historically been complicated and cumbersome for foreign investors.
«Chinese securities are an increasingly important part of an international investors’ portfolio, as demonstrated by record inflows into Chinese stocks in January this year, as well as strong international inflows into Chinese bonds in 2018,» said Fan Xu, CEO of Greater China, Saxo Bank in a media statement.
«At the same time, Chinese government bonds emerged among the best-performing government bonds of 2018. We are therefore proud to be the first to deliver full digital access to Chinese bonds to help our clients build strong diversified investment portfolios,» Xu added.
Connectivity
The connectivity is enabled via the Hong Kong based Bond Connect mechanism, which is a mutual bond access programme launched in 2017. This program allowed overseas and Mainland China investors to trade in each other's bond markets.
The Chinese bond market is among the largest in the world with a size of $12 trillion, and Chinese bonds are increasingly added to global indices. In line with People’s Bank of China’s regulations, qualified institutional investors will have access to 127 China bonds with CNH as a settlement currency.
