吉木乃| 镇宁| 乌兰| 防城区| 唐县| 平顶山| 吉利| 乌鲁木齐| 于都| 盐源| 斗门| 遂溪| 海口| 云集镇| 达县| 睢县| 琼结| 镶黄旗| 札达| 澄迈| 平武| 突泉| 嘉义县| 西青| 稻城| 无棣| 迁安| 清镇| 蓝田| 沛县| 东平| 乌伊岭| 百色| 广西| 陇县| 沐川| 长海| 武鸣| 大关| 八一镇| 赣县| 泉港| 乡宁| 高阳| 承德县| 阜城| 两当| 鄄城| 巴林右旗| 叙永| 封丘| 万州| 德清| 白水| 新宾| 泰安| 清涧| 五峰| 阿图什| 香河| 乳源| 河池| 黄山市| 方山| 万荣| 合肥| 大通| 西藏| 宜阳| 石龙| 绥芬河| 新源| 科尔沁左翼中旗| 松桃| 彝良| 拉孜| 仁化| 阿坝| 长沙| 睢县| 哈尔滨| 武昌| 周村| 辽阳县| 恭城| 崇左| 柞水| 乐陵| 滴道| 保山| 扎赉特旗| 博山| 延安| 雁山| 召陵| 丁青| 兴县| 天峨| 宁明| 万年| 名山| 夹江| 厦门| 蒙自| 淳化| 呼伦贝尔| 三门| 社旗| 吴中| 清苑| 鄂托克前旗| 武功| 禹州| 平罗| 龙门| 大方| 桃园| 东海| 常山| 镇坪| 黄石| 乌马河| 阆中| 绩溪| 东莞| 广安| 渑池| 望江| 屯留| 万宁| 淮安| 芷江| 岳西| 宁陕| 阳城| 多伦| 龙游| 新晃| 上饶县| 山阳| 陆川| 宁强| 宽城| 闵行| 岳池| 漳州| 南陵| 江津| 抚宁| 金湖| 开平| 洛宁| 魏县| 苏州| 岷县| 密山| 坊子| 团风| 长沙| 潞城| 塘沽| 平邑| 元氏| 光泽| 仙游| 龙井| 禄劝| 泾源| 濮阳| 浦江| 锡林浩特| 靖宇| 邹城| 和平| 闽清| 措勤| 渭源| 新密| 互助| 东港| 泽州| 资源| 阿拉尔| 故城| 巩义| 禄劝| 东阿| 澄迈| 亳州| 四方台| 白碱滩| 马祖| 枝江| 镇远| 海伦| 凯里| 钦州| 德昌| 乐昌| 高青| 汤原| 乐山| 巢湖| 汨罗| 甘南| 裕民| 西丰| 太康| 丹巴| 岷县| 普兰| 阿荣旗| 互助| 古田| 绥滨| 新宾| 那曲| 额济纳旗| 平鲁| 田东| 栾川| 邱县| 渠县| 集安| 永德| 霍山| 沙洋| 武汉| 汶川| 屏边| 襄汾| 呼图壁| 东川| 卢龙| 天安门| 呼兰| 三亚| 甘棠镇| 台南县| 屯昌| 青阳| 仙桃| 乌拉特中旗| 佛山| 高明| 印台| 银川| 衡东| 松桃| 沧县| 英山| 黄平| 孝昌| 弓长岭| 廊坊| 湖北| 龙州| 温泉| 鄂温克族自治旗| 辰溪| 大安| 长海| 昆明| 兰西| 百度
Global EditionASIA 中文双语Fran?ais
Business
Home / Business / Finance

JP Morgan inclusion of China bonds benefits Chinese market, overseas investors

Xinhua | Updated: 2019-09-15 07:27
The logo of JPMorgan is seen in New York. [Photo/VCG]
百度 中方愿同俄方一道,根据两国元首达成的重要共识,坚定不移深化中俄新时代全面战略协作伙伴关系,就共同关心的问题开展交流互鉴,加强相互支持,紧密沟通协作,维护共同利益。 百度 人社部办公厅、财政部办公厅印发《关于公布2018年职工基本养老保险个人账户记账利率等参数的通知》公布:2018年城镇职工基本养老保险(含机关事业单位和企业职工基本养老保险)个人账户记账利率为%。 百度 不管对中国人,还是我们这些为中国足球做出过贡献的意大利人来说,这都是好事。 百度 童店 百度 天威科技园 百度 双榆树乡

NEW YORK - US investment strategists believe JP Morgan's decision to include liquid China Government Bonds (CGBs) in its series of Government Bond Index-Emerging Markets (GBI-EM) indices would benefit both China's financial market and overseas investors.

"The JP Morgan decision highlights the reforms that occurred in providing access into the interbank bond market by the People's Bank of China, China Securities Regulatory Commission and State Administration of Foreign Exchange for foreign investors," Brendan Ahern, chief investment officer at New York-based Krane Funds Advisors, told Xinhua in a recent interview.

Praising that the opening of China's financial market has been "very robust", Ahern believes the integration of China's equity and fixed-income markets into global benchmarks has a far-reaching impact and China will "benefit in the long run" from investors' insights.

Ahern's perspective was echoed by Lucy Qiu, strategist at UBS Global Wealth Management's Chief Investment Office, who told Xinhua that increased foreign inflows should serve to institutionalize China's onshore market and lead to lower volatility and more focus on fundamentals.

"The Chinese bond market offers interesting diversification benefits for international investors," she said, noting that China's "local interest rates tend to be higher than in most established markets, allowing international investors to earn a positive interest rate carry and some buffer against possible exchange rate losses."

Bank of America Merrill Lynch Global Research analysts estimate a potential 20 billion US dollars of inflows would be translated to onshore China bonds over the period of inclusion between Feb 28, 2020 and Nov 30, 2020, implying an average of 2 billion dollars of inflows per month.

"The inclusion of China bonds to JP Morgan's benchmark indices represents a step forward in China's renminbi internationalization project," analysts with BofA Merrill Lynch Global Research said in a research note.

"Global bond managers, much like their equity counterparts, will need to have a China opinion," said Ahern.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
渝碚路街道 永贞 核桃庄乡 托克扎克镇 程林街小王庄村道南 清升镇 八角街道 近江东区 铁东区
北围 九里堤南路西口 王丽娟 大南镇 吕艺镇 小围堤道层 东丽 民新 雪松路
东蒲洼街道 陆桥 喜捷镇 厂汉营村 居委会 图木舒克市 蔡江乡 井上村 太阳宫公园 班家官庄
https://www.whr.cc/bbsitemap.htm