Report
Iris Tan
EUR 147.86 For Business Accounts Only

Large Insurers Saw Modest Benefits From Tighter Liquidity in Money and Bond Market

In advance of the Fed rate hike, liquidity in China has been tightening since early November. To curb excess financial leverage in the capital market, the People's Bank of China, or PBOC, modestly lifted the seven-day repo rates recently. The rise in interbank market rates and accompanying regulations in wealth management products and insurers' unit-linked products also resulted in a recovery in bond yields from their decade low in August. Looking into 2017, we expect the PBOC will keep a tighte...
Underlying
China Pacific Insurance (Group) Co. Ltd. Class A

China Pacific Insurance (Group) Co., Ltd. is a China-based company mainly engaged in the insurance business. The Company operates its businesses through life insurance business, including individual life insurances, group life insurances, and short-term casualty and health insurances, among others; property insurance business, including motor vehicle insurances and non motor vehicle insurances, as well as asset management business, including bond investment, equity investment and investment real estate, among others. Through its subsidiaries, the Company is also engaged in the pension business. It operates its businesses primarily in domestic market.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Iris Tan

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch