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Taiwan insurers to target CNH market with up to $20 billion

The island’s Financial Supervisory Commission has moved to allow insurance firms to invest in RMB-denominated assets in Hong Kong this month as they await QFII licences.
Taiwan insurers to target CNH market with up to $20 billion

Up to $20 billion could be made available for investment into Hong Kong’s CNH market this month after Taiwan’s financial regulator moved to allow domestic insurance firms to invest in renminbi-denominated securities in the city.

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