中国外汇交易中心：支持债券通下境外机构投资者参与债券回购交易；2024年全国社保基金投资收益率达8.1%

Group 1: Bond Market Developments - The China Foreign Exchange Trading Center has expanded the channels and scope for foreign institutional investors to participate in bond repurchase transactions, effective from September 29 [1] - Under the new mechanism, 18 foreign institutional investors completed 44 buyout repurchase transactions totaling 3.95 billion yuan, while 12 foreign institutions engaged in 12 buyout repurchase transactions amounting to 1.87 billion yuan [1] - This initiative is seen as a significant step towards the opening of the bond market, enhancing business opportunities for banks and brokers, and improving liquidity in the bond market [2] Group 2: National Social Security Fund Performance - The National Social Security Fund reported an investment return of 218.418 billion yuan with a yield of 8.1% for the year 2024, with total assets reaching 3,322.462 billion yuan [3] - The fund's average annual investment return since its establishment stands at 7.39%, indicating robust operational capability [3] - The strong performance of the social security fund is expected to boost its allocation to A-shares, benefiting sectors like finance and consumer goods [3] Group 3: Trends in Fund Management - Zhang Qinghua has resigned as Deputy General Manager of E Fund to focus on investment management, reflecting a trend in the fund industry towards specialization in investment research [4] - This shift is part of a broader trend where fund managers are moving away from administrative roles to concentrate on investment performance, which may enhance the competitiveness of the public fund industry [4] Group 4: Private Equity Fund Strategies - Over 60% of private equity funds are opting for heavy positions as they approach the National Day holiday, with a significant increase in the overall position index [5] - The majority of private equity funds are optimistic about the post-holiday market, focusing on technology growth sectors, while some are betting on the recovery of valuations in the new energy and real estate sectors [5] - The overall positive sentiment among private equity funds may stabilize market emotions, although caution is advised regarding potential external market disturbances [5]