SHANGHAI -- China's Ping An Insurance said Friday that bonds will continue to be a "core allocation" of its investment portfolio, even as the Chinese central bank steps up efforts to cool a buying frenzy.
Chinese insurer evades questions on HSBC holdings at press conference

Chinese insurer Ping An says bond investment will continue to be a core feature in its investment portfolio despite regulators' moves to cool bets. (Nikkei montage/Source photos by Getty Images and Reuters)
SHANGHAI -- China's Ping An Insurance said Friday that bonds will continue to be a "core allocation" of its investment portfolio, even as the Chinese central bank steps up efforts to cool a buying frenzy.