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China Plans to Let $568 Billion Fund Tap Southbound Bond Connect

Key Points

China plans to allow its $568 billion social security fund to buy offshore bonds through an investment channel with Hong Kong, according to people familiar with the matter, in its latest effort to boost demand for yuan assets in the Asian financial hub.

China plans to allow its $568 billion social security fund to buy offshore bonds through an investment channel with Hong Kong, according to people familiar with the matter, in its latest effort to boost demand for yuan assets in the Asian financial hub.
China (LOCATION) Hong Kong (LOCATION) Asian (ORG)
Originally published by Bloomberg Markets Read original →