Agricultural Development Bank of China

China Life Insurance Company Limited - Change of President

Retrieved on: 
Tuesday, August 2, 2022

Key Points: 
  • The Company would like to express its gratitude to Mr. Su Hengxuan for his contribution to the Company during his tenure of service.
  • The biographical details of Mr. Zhao Peng are set out below:
    Mr. Zhao Peng, born in April 1972, is a member of the Party Committee of China Life Insurance (Group) Company ("CLIC") and the Secretary to the Party Committee of the Company.
  • From 2017 to 2020, he successively served as an Assistant to the President and a Vice President of the Company, the Chief Financial Officer of CLIC and an Executive Director of the Company.
  • From 2019 to 2021, he also served as a Non-executive Director of Sino-Ocean Group Holding Limited and a Director of China Life Franklin Asset Management Company Limited.

Approval by Mandatory Provident Fund Schemes Authority (“MPFA”) of ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF as approved Index-Tracking Collective Investment Schemes ("ITCIS")

Retrieved on: 
Tuesday, June 28, 2022

CSOP Asset Management Limited (CSOP) is glad to announce that ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (ticker: 3199.

Key Points: 
  • CSOP Asset Management Limited (CSOP) is glad to announce that ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (ticker: 3199.
  • HK) was admitted to Index-Tracking Collective Investment Schemes ("ITCIS") as the first Chinese government bond ETF approved by Mandatory Provident Fund Schemes Authority (MPFA) on 23 June 2022.
  • As of April 2022, foreign institutions hold more than RMB 3.7 trillion (over USD 580 billion) of onshore Chinese bonds6.
  • As the leading Chinese government bond ETF issuer in the region, CSOP manages the largest Chinese government bond ETFs in Hong Kong and Singapore respectively, bridging China onshore government bond market with investors in the region.

Newly Announced Speakers to Address 5G, DPUs, Confidential Computing, Sustainability and Other Hot Topics at Open Infrastructure Summit Berlin

Retrieved on: 
Thursday, May 5, 2022

AUSTIN, Texas, May 5, 2022 /PRNewswire-PRWeb/ -- The Open Infrastructure (OpenInfra) Foundation today announced additional speakers for its upcoming Open Infrastructure Summit Berlin in June as well as the nominees for the 2022 Superuser Award.

Key Points: 
  • AUSTIN, Texas, May 5, 2022 /PRNewswire-PRWeb/ -- The Open Infrastructure (OpenInfra) Foundation today announced additional speakers for its upcoming Open Infrastructure Summit Berlin in June as well as the nominees for the 2022 Superuser Award.
  • Additional presenters, announced previously , include users from Adobe, AWS, Canonical, China Mobile, OVHCloud, Red Hat, SovereignCloudStack, Volvo and Workday.
  • At the Open Infrastructure Summit Berlin , June 7-9, OpenInfra users and supporters will engage in more than 100 sessions around open infrastructure use cases like cloud computing, edge computing, hardware enablement and security.
  • A highlight of the Open Infrastructure Summit Berlin will be the presentation of the Superuser Award.

CSOP relaunched CSOP Bloomberg China Treasury + Policy Bank Bond Index ETF (RMB Counter Stock Code: 83199, HKD Counter Stock Code: 3199) in partnership with ICBC AM (Global) – boosting the ETF AUM to over RMB 5 billion

Retrieved on: 
Tuesday, November 16, 2021

According to historical data, the China onshore bonds offer a higher yield with a relatively lower exchange rate volatility compared to other major economies.

Key Points: 
  • According to historical data, the China onshore bonds offer a higher yield with a relatively lower exchange rate volatility compared to other major economies.
  • In addition, the low correlation between China onshore bonds and global bonds would potentially provide greater portfolio diversification for investors.
  • Worth mentioning, in the past few years, foreign investments continued to flow into China onshore market.
  • As a RMB bond ETF listed on HKEX, 3199.HK helps further enrich the RMB product range in Hong Kong to meet international investors demand for RMB asset allocation.