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Article: BRIEFING - ASIA INSURANCE - JULY 2, 2009.
- Article from:
- AsiaPulse News
- Article date:
- July 2, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on insurance for July 2, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINESE INSURERS INCREASE HOLDING OF BOND PRODUCT IN MAY
BEIJING - Chinese insurance institutions have added 20.3 billion yuan (US$3 billion) of bonds to their portfolios during May, the first increase since March, according to data on ChinaBond.com.cn, the portal website of China Government Securities Depository Trust & Clearing Co., Ltd. (CGSDTC).
According to a report by Shenyin & Wanguo Securities, the insurers expanded their holdings in ...