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Saxo launches digital access to Chinese bonds

bonds/China/funds-management/Saxo-Bank/

6 March 2019
| By Oksana Patron |
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Multi-asset trading and investment fintech specialist, Saxo Bank has announced the addition of Chinese bonds to its offering, a move which will be expected to further cement its position as a gateway to China for its international client base.

In 2017, the firm offered an opportunity for qualified institutional clients in Australia to trade mainland China bonds which was enabled via its Hong Kong based bond connect mechanism allowing both overseas and mainland China investors to trade in each other’s bond markets.

The launch of mainland China bonds would add to this access to China a-shares listed on the Shanghai and Shenzhen stock exchanges, the firm said.

In compliance with People’s Bank of China’s regulations, qualified institutional investors would have access to 127 China bonds with CNH as a settlement currency. 

Saxo Bank’s chief executive of greater China, Fan Xu, stressed that Chinese securities were becoming an increasingly important part of international investors’ portfolio and Saxo Bank would deliver full digital access to Chinese bonds to help its clients diversify their portfolios.

“The addition of Chinese bonds to our platforms further cements our position as a gateway to China for international investors,” he said.

“As the importance of the Chinese economy to global capital markets continues to increase, we remain committed to providing clients with the broadest investment opportunities across asset classes.”

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