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Shin Kong Life to add foreign bonds, cut RMB debt

Christina Wang
The Taiwanese insurer will boost its overseas fixed-income allocation in developed markets, but is reducing its renminbi debt exposure and remains underweight equities.
Shin Kong Life to add foreign bonds, cut RMB debt

Taiwanese insurer Shin Kong Life will buy more foreign bonds this year – with the exception of renminbi debt – and will continue to underweight stocks, as it seeks to offset disappointing returns from domestic assets.

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