London investors may get access to Chinese bonds

Investors in London may get an opportunity to buy Chinese bonds on the Shanghai Stock Exchange, if a feasibility study proves positive.

Sherry Madera, the City of London's special representative for Asia, told journalists in the British capital on Tuesday that the feasibility study into the Shanghai-London connect will start soon. It could be the first overseas link for China's $10 trillion bond market, following the launch of a flagship connect within China in July, linking Shanghai with the financial hub of Hong Kong.

"The feasibility study is wise," Madera said. "The next step should be London, it's got a much deeper bond market than Hong Kong, so the opportunity is even bigger."