CPIC seeking Greater China M&A target, eyes equity assets
CPIC's CIO says the insurer plans to take its time on acquiring an "insurance-related business" in greater China, while it wants to raise H- and A-share investments.
Cash-rich China Pacific Insurance Company (CPIC) is looking to acquire an insurance-related business at home or in Greater China as it seeks to inorganically grow. It also wants to deploy more of its assets into A-shares and H-shares, according to chief investment officer Benjamin Deng.
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