1. China reduced its holdings of U.S. debt in April, while the UK and Japan increased their holdings. 2. U.S. debt turmoil in April: foreign investors' holdings fell for the first time in five months, but remained at a high level. 3. Fed dot plot: st

2025-06-19

1. China reduced its holdings of U.S. debt in April, while the UK and Japan increased their holdings. 2. U.S. debt turmoil in April: foreign investors' holdings fell for the first time in five months, but remained at a high level. 3. Fed dot plot: still expecting two interest rate cuts this year, but the number of officials who hope not to cut interest rates has increased. 4. HKEX CEO Chen Yiting: HKEX is currently actively preparing for RMB Treasury bond futures. 5. The draft shows that Japan plans to reduce the scale of ultra-long-term Treasury bond sales. 6. Industry: The development of science and technology innovation bond ETFs has positive significance in broadening corporate financing channels and other aspects. 7. Poly Development: Ultra-short-term financing bonds were approved for registration of 5 billion yuan. 8. Cathay Pacific Haitong: The issuance of 15 billion yuan of science and technology innovation corporate bonds was approved by the China Securities Regulatory Commission for registration. 9. Lanzhou Bank: Approved to issue no more than 5 billion yuan of capital bonds with no fixed term. 10. The Export-Import Bank of China issued 10 billion yuan of theme bonds to support Shanghai's stable foreign trade and development. 11. Shenzhen Stock Exchange held a meeting on high-quality development of Shenzhen bond ETF market.