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Chinese insurers’ HK assets disclosed: reports

Toby Yiu
HK dollar investments account for 82% of mainland insurers' offshore portfolios, according to China's insurance regulator, cited by local media. This was reportedly the first disclosure of such data.
Chinese insurers’ HK assets disclosed: reports

Caution still reigns for Chinese insurers when it comes to offshore investments – as is shown by the fact that 82% of their Rmb93.5 billion ($15.3 billion) in foreign allocations are in Hong Kong dollar-denominated assets, according to data from the China Insurance Regulatory Commission (CIRC) cited by local media.

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