Lates News

The long-awaited participation of insurance funds in the Bond Connect "Southbound Connect" has officially started to take place. Recently, Taikang Asset Management was entrusted by Taikang Life Insurance to carry out the "Southbound Connect" business and completed the first investment transaction. Not only Taikang Life Insurance, but also China Life Insurance, Ping An Life Insurance, CPIC Life, Tai Ping Life, and PICC Life Insurance have been among the first batch of institutions approved to carry out bond investments through the "Southbound Connect," with some institutions already completing their first investment. This marks the official opening of the Bond Connect "Southbound Connect" to non-bank institutions since its launch in September 2021. (Securities Times)