Hong Kong must position itself as the bridge for China’s outbound funds
China’s National Social Security Fund (NSSF) has reached a pivotal inflection point. The doubling of its offshore investments to 580 billion yuan (US$86 billion) over three years – now comprising 15.23 per cent of its total assets – signals not merely an incremental shift in asset allocation, but also a strategic recalibration necessitated by demographic pressures and diminishing domestic returns.
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