The central bank’s official website disclosed on October 31 that overseas institutions and individuals held RMB financial assets in China. At the end of September, overseas institutions and individuals held RMB stocks worth 3134.718 billion yuan, an increase of 657.56 billion yuan from 2477.158 billion yuan at the end of August; bonds worth 4.44 trillion yuan.
Data shows that at the end of August 2023, the scale of RMB stocks held by overseas institutions and individuals in China was 3.196 trillion yuan, and at the end of September of the same year it was 3.093 trillion yuan.
This means that at the end of September this year, the scale of RMB stocks held by overseas institutions and individuals in China has reached a record high since the end of September last year.
Li Hongyan, deputy director of the State Administration of Foreign Exchange, said recently that driven by the rise in the domestic stock market, since late September, foreign capital’s net purchase of domestic stocks has increased overall, and foreign capital’s willingness to allocate RMB assets has further increased. “At present, overseas investors’ investment in the domestic capital market is generally in its infancy. The scale and proportion of RMB assets held are not high. Foreign investment accounts for about 3% to 4% of the domestic stock and bond markets. Supported by multiple favorable factors, there is still room for further improvement.”