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.
Tag : chinese life insurance
Ping An Insurance’s net investment return slipped 0.3% to 3.8% in the first half, while another Chinese insurance giant China Life’s return was up 0.04% to 4.33% in the same period.