FTU participates in the subscription of the Shanghai Free Trade Zone Offshore Bonds for the first time, marking a crucial breakthrough for the 2 trillion yuan Chinese offshore bond market.

Recently, Bank of Communications successfully launched the first global Shanghai Free Trade Account Unit investor's offshore bond, marking the first time that FTU funds have participated in the primary market subscription of offshore bonds through a compliant path. Several industry experts believe that the entry of FTU funds not only expands the channels for investors in offshore bonds, but also provides a new practical example for Shanghai to develop the offshore Renminbi bond market and strengthen the global Renminbi asset allocation function. With the further enrichment of investor structure, the expansion of the offshore bond market in Free Trade Zones is expected to usher in a new breakthrough.