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China insurers tipped to diversify from RMB via Connect schemes

Toby Yiu
Hong Kong-listed exchange-traded funds should prove attractive to mainland insurance firms looking to boost their overseas exposure, says Tobias Bland, CEO of fund house EIP.
China insurers tipped to diversify from RMB via Connect schemes

Chinese insurance firms are likely to diversify away from renminbi exposure using the proposed link for exchange-traded funds between China and Hong Kong, said Tobias Bland, chief executive of Hong Kong-based asset manager Enhanced Investment Products.

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