Sun Life in China: from big tech to carbon-neutral stocks
Government support in carbon neutrality, plus regulation overhauls in the cybersecurity space, have created a favourable environment to further diversify into green stocks.
Sun Life Financial Asia, the Asian arm of Canadian insurer Sun Life, is diversifying its investments in the Chinese equity market by shifting some of its focus from a few big tech stocks to sustainable thematics like carbon neutrality, which includes clean energy and electric vehicles.
The insurer sees strong and sustained growth and government support in carbon neutral-related investments in the country. Moreover, it believes that Chinese cybersecurity regulatory overhauls facili…
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