June 6, 2019 / 9:39 AM / 6 months ago

Postal Savings Bank Of China to raise proportion of equity investments

BEIJING (Reuters) - Postal Savings Bank Of China said on Thursday it will raise the proportion of equity investments in its holdings.

Equity investments only account for 4% of investments at present, Xu Xueming, vice president of Postal Savings Bank Of China, told a weekly briefing held by China’s banking and insurance regulator.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

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