New Trends in Venture Capital! Expansion of the "Southbound Bond Connect" is pending opening

Recently, China Life Insurance announced that the board of directors had approved multiple resolutions, including the "Proposal on Conducting 'Southbound Bond Connect' and Hong Kong Mutual Recognition Fund Investment". Several industry professionals analyzed that China Life Insurance may be preparing to carry out related investments. The expansion of the bond "Southbound Connect" to non-banking institutions is still awaiting the implementation of relevant policies, which is of great concern to the insurance industry. Investment professionals from insurance companies analyzed to reporters that from the perspective of insurance companies, being allowed to participate in the bond "Southbound Connect" will be an important policy benefit. In recent years, in the domestic environment of declining interest rates, insurance fund investments have been under pressure, and there is a demand for overseas asset allocation. Currently, insurance companies can invest in overseas securities through QDII, but the quota for QDII is limited. If insurance companies are able to participate in the bond "Southbound Connect", they will increase their investment channels in the Hong Kong bond market, help optimize asset allocation, and boost investment performance.