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China Pacific Insurance's Su Gang: Appropriately increase equity asset allocation
At today’s China Taiping Insurance Group earnings briefing, Su Gang, deputy general manager, chief investment officer, and finance head of China Taiping Insurance, said that in a low-interest-rate environment, China Taiping will, within the company’s risk tolerance, increase its allocation to equity assets when appropriate, while actively taking advantage of market opportunities with structural characteristics. Su Gang said that since the beginning of this year, due to the impact of international conditions, the complexity of the capital markets has increased significantly; he advises looking at the operating performance of the insurance group, and that stretching the time horizon will make the picture more complete and comprehensive. (China Finance Network)