Large Chinese insurance companies have, for the first time, purchased offshore RMB-denominated bonds (dim sum bonds) through Bond Connect Southbound, encouraging more capital inflows into the Hong Kong market, Bloomberg reported, citing people with the knowledge of the matter. In response to inquiries, the National Financial Regulatory Administration said it has recently approved certain leading insurance companies to invest in eligible bonds via the Southbound scheme. Since the implementation of the program, at least two insurers have purchased dim sum bonds.Related News BOCOM International: Financial Sector Fundamentals to Improve in 2H26, Favor Leading InstitutionsInsurance companies eligible to participate in Bond Connect include PING AN (02318.HK) +0.300 (+0.527%) Short selling $289.64M; Ratio 22.570% , Taikang Insurance and CHINA LIFE (02628.HK) +0.820 (+2.995%) Short selling $269.69M; Ratio 24.607% , sources divulged. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-10 16:25.)
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