Opening-up drives bond investment

Preferential measures raise expectations of higher returns, sufficient liquidity

The number of foreign investors holding Chinese treasury bonds rose to a record high in August, as the market expects higher returns and sufficient liquidity when the country's new opening-up policies take effect.

Data from the China Central Depository & Clearing Co Ltd and the Shanghai Clearing House showed that, at the end of August, overseas investment contributed nearly 8 percent to the treasury bond market, the highest proportion in history.