Ping An: This 8% Yielder Could Finally Catch A Break
ness Andy Feng Chinese insurers have sold off over the last year, partly on concerns about the broader economy, but also because of the record decline in China's benchmark yields in recent months (insurance is, after all, a spread business). Authorities are, however, now very actively intervening to keep risk-free yields up, rather than down. This means it may finally be time to revisit the sector, particularly given its unique ability to capture China's long-term demographic shifts via pension and long-ter ...