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PICC AM pinpoints selected Hong Kong stocks and sectors to favour

Shusi He
The Hong Kong-based asset management arm of the People's Insurance Company of China (PICC) is positive about selected local stocks in telecom, traditional energy, banking, consumer, and internet sectors.
PICC AM pinpoints selected Hong Kong stocks and sectors to favour

China’s state-owned life insurer PICC’s asset management arm in Hong Kong thinks selected local stocks can still deliver absolute returns for Chinese life insurance companies amid global inflation and the country’s Covid-zero policy.

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