The number of foreign investors holding Chinese treasury bonds rose to a record high in August, as the market expects higher returns and sufficient liquidity when the country’s new opening-up policies take effect.
Data from the China Central Depository & Clearing Co Ltd and the Shanghai Clearing House showed that, at the end of August, overseas investment contributed nearly 8 percent to the treasury bond market, the highest proportion in history.
Last month, foreign investors purchased 53.95 billion yuan ($7.87 billion) worth of treasury bonds, and their total investment during the first eight months was 427.8 billion yuan, according to the data.
Chinadaily.com
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