China Southbound Bond Connect Opens Friday

The video discusses Evergrande's missed bond payment and the start of a 30-day grace period, allowing time for negotiations with bondholders. It also covers the launch of the Southbound Bond Connect, providing onshore investors access to Hong Kong-issued debt, and highlights the PBOC's recent liquidity injections to stabilize the market and maintain strong yuan levels.

What are the concerns regarding the high yield index related to Evergrande?

What actions has the PBOC taken to address liquidity in the market?