Mar 16 - China’s National Social Security Fund Makes Average Annual Returns of 18.6%

Source: National Council for Social Security Fund, ChinaScope Financial (Data)

+       A report released on March 15 shows that since the National Social Security Fund started investing in the stock market in June 2003, 19.22% of assets have been stocks. The cumulative returns from stock investments were CNY 132.6 billion, representing 46% of total investment returns. The cumulative rate of return on investment was 364.5%, with average annual returns of 18.61%.

+       At the end of 2011, the asset composition of the Social Security Fund was; 50.66% fixed income, 32.39% stock assets, 16.31% industrial investments, and 0.64% cash and cash equivalents.

The second largest portion of the Social Security Fund’s investment portfolio is stock investments.

Other News Headlines:

n China’s National Social Security Fund Makes Average Annual Returns of 18.6%

n Incoming FDI Decreases 0.9% YoY in February

n Net Profit in Gold Industry Increases 36.18% to Nearly CNY 2 Billion in January

n Ping An Insurance made a Net Profit of CNY 19.4 Billion in 2011

n 7 Days Group to Enter Mid-range Hotel Market

If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us:newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here