CCB Life heads offshore for capital boost

The life insurance arm of China Construction Bank topped up its capital with a $500 million hybrid bond — reopening a segment of the market dormant for almost two years.

CCB Life made its first foray into the international bond markets this week, selling a 60-year note that broke a long silence from Chinese insurers in the dollar hybrid market.

¬ Haymarket Media Limited. All rights reserved.

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