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

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...

By Heng Xie and Jackie Cai · Bloomberg Markets

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.