Bloomberg
China Plans to Let $568 Billion Fund Tap Southbound Bond Connect
Wednesday, September 9, 2026
China's national social security fund will be permitted to purchase offshore bonds through the Southbound Bond Connect program linking mainland China and Hong Kong, according to Reuters reporting. The fund manages approximately $568 billion in assets. The move is part of China's effort to increase investment in yuan-denominated assets through Hong Kong's financial markets.
