A branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: ImaginechinaA branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: Imaginechina
A branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: Imaginechina

China Pacific Insurance says coronavirus-battered cyclical stocks are good bets due to growth potential

  • Insurer likes shares of financial and energy companies, which were clobbered due to Covid-19
  • China is encouraging consumer spending to help the country dig its way out of an economic slump
Topic |   Stocks
A branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: ImaginechinaA branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: Imaginechina
A branch of China Pacific Insurance Co. (CPIC) is seen in Huaibei city, east China's Anhui province. Photo: Imaginechina
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