Press "Enter" to skip to content

Chinese regulator considers raising limit for insurance companies’ investment in stocks

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China’s banking and insurance regulator is considering to give insurance companies more room and freedom to invest in the stock markets, part of its efforts to introduce more long-term investors to the capital market.

The regulator is studying plans to raise the upper limit on insurance companies’ equity investment to allow insurers to play a greater role in the capital market, said Liang Tao, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC) at a news . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting with details, data and perspectives you don't read elsewhere
  • THE WIRE - a real-time financial news platform focused on China
  • Daily Brief newsletter to get you prepared for every trading day
  • An indispensable and reliable source of information on China's economy and financial markets

FREE TRIAL cancel anytime

 

We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top