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 . . .
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