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CPIC Life buying China govt bonds, private equity

The China insurer has tactically increased its allocation to China government bonds as yields rebound, its group CIO said in a webinar hosted by AsianInvestor.
CPIC Life buying China govt bonds, private equity

China Pacific Insurance (CPIC), the parent company of the country’s third-largest insurer CPIC Life, has invested into China government bonds to seek better investment returns and lengthen portfolio duration.

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