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China’s banking and insurance regulator is giving insurers greater room in their investment in equity assets such as company stocks in a move to introduce more long-term investors and allow insurers to play a greater role as institutional investors in the capital market.
Under the new rules, China will set eight different ceilings on equity investment for different insurers, with the highest at 45 per cent of their total assets recorded at the end of the previous quarter, compared to the current ceiling of 30 per cent, according to statement released by the China Banking . . .
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