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China's Bond Connect program reports robust operations in June

0 Comment(s)Print E-mail Xinhua, July 12, 2021
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Photo taken on Jan. 2, 2021 shows the light show at the Lujiazui area in east China's Shanghai. [Photo/Xinhua]

China's Bond Connect program saw robust activities in June, with the average daily trading volume hitting historic high, data released by Bond Connect Co., Ltd. showed.

The total monthly trading volume under the program hit 641.1 billion yuan (about 99.22 billion U.S. dollars), with the average daily turnover reaching 30.5 billion yuan.

The program saw a total of 6,407 trade tickets last month, the data showed.

In the first half of the year, the trading volume under the program totaled 3.14 trillion yuan, and the average daily turnover stood at 26.6 billion yuan.

By the end of June, Bond Connect had 2,650 approved investors from 34 countries and regions.

The Bond Connect program, launched in July 2017, is a mutual market access scheme that allows overseas investors to invest in the Chinese mainland's interbank bond market using financial institutions on the mainland and in Hong Kong.

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