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China insurers tipped to buy big into HK stocks after CIRC move

Toby Yiu
AIA's China CIO expects mainland insurers to pour up to Rmb200 billion into Hong Kong equities, after the regulator said it would not view Stock Connect investments as foreign allocations.
China insurers tipped to buy big into HK stocks after CIRC move

Chinese insurers have been told that their investments into Hong Kong stocks via the Stock Connect scheme will not be considered part of their foreign allocation, said Larry Wan, chief investment officer of AIA China.

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