China Bank Lu Ying: The value of RMB bonds in asset allocation is accelerating globally as the capital structure is reshaped.

According to Sina Finance on March 31st, at the ICMA China Capital Market 2026 Annual Conference today, Lu Ying, Deputy General Manager of the Financial and Investment Banking Department of China Bank Corporation, said that the value of Renminbi bonds in the global capital structure reshaping process is accelerating. The offshore Renminbi funding pool continues to expand, with Hong Kong's Renminbi deposits growing by 4% year-on-year in 2025, and the scale of foreign institutions holding Chinese bonds surpassing 3.4 trillion yuan. During the same period, the Renminbi against the US dollar exchange rate remained relatively stable in a complex environment. Renminbi bond yields are stable, credit quality is high, and volatility is relatively low compared to traditional markets. Providing international investors with standardized and scalable Chinese credit investment tools is becoming a necessary option for global asset allocation.