China Life looks to US equity gains after rate hikes stabilise

One of China’s largest asset owners - China Life Insurance Company - is closely monitoring the US stock market, waiting for the right time to add positions as the market tends to do well at the end of a rate hike cycle. “We expect the US stock market to continue to be under pressure and volatility amid fluctuating inflation, rising risk of recession, and the emergence of financial risks resulting from consecutive and rapid rate hikes,” said Liu Hui, vice president of China Life In…