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On July 20, major Chinese insurers including China Life, PICC, China Pacific, Ping An and New China Life pledged to deploy long-term capital to support the market. Photo: VCG
China’s Big Insurers Pledge More Equity Investment to Steady Market
China Life, PICC, Ping An, China Pacific and New China Life said they would deploy long-term capital after a sharp selloff, as Beijing stepped up efforts to stabilize the stock market
107 words~1 min read
