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Compared to other institutional investors, insurance funds seem to enjoy greater advantages in obtaining news shares of Alibaba under the IPO. NCI (601336.SH/01336.HK) was allocated shares of US$180 million and CHINA LIFE (601628.SH/02628.HK) was allocated a quota of US$150 million. 

For overseas investment, insurance funds are the main institutional investors, an investment manager told DZH News.

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