Beijing mulls plan to boost debt market

Beijing is weighing the introduction of a depository receipt system in the country's bond market to direct a part of the debt currently traded on the interbank market to the domestic stock exchanges.

The National Association of Financial Market Institutional Investors, a government-backed syndicate under the central bank, is leading the feasibility studies on the planned liberalisation, according to state-run Shanghai Securities News.

via Business feed http://www.scmp.com/business/banking-finance/article/1113145/beijing-mulls-plan-boost-debt-market