China Pacific Insurance Hong Kong subsidiary launches $100 million RWA fund

CPIC Investment Management, a Hong Kong-based subsidiary of China Pacific Insurance (CPIC), has announced the launch of a US dollar money market fund (MMF) based on HashKey Chain, open to professional and institutional investors with an initial subscription of US $100 million. The fund invests in US dollar-denominated short-term fixed income assets and money market instruments. The PAC provides token issuance services, and Standard Chartered is responsible for registration and fund management.