Chinese internet companies may be pioneers in developing consumer-friendly applications, from digital payments to online shopping, but when it comes to the country’s $9 trillion domestic bond market, the innovations have stalled and international investors have yet to be won over.
At an industry conference in Hong Kong this week, foreign investors and bankers called for easier ways of doing business, even after Beijing launched Bond Connect in July to allow them to trade bonds in the interbank bond market without setting up an onshore account for the first time.
They also said they wanted more hedging tools to protect their downside risks after tighter regulations prompted...
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