综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Insurance firms allowed to directly invest in stock
(Agencies)
Updated: 2004-10-25 09:48

China's insurance regulator has allowed the country's insurance companies to invest the equivalent of up to 5 percent of their assets directly into the stock market, a measure long expected by the market.

The China Insurance Regulatory Commission (CIRC) said that insurers can directly purchase stocks, convertible bonds and other instrumnts.

Prior to the latest rules, Chinese insurers were banned from such direct investment. They were only allowed to buy mutual funds.

China's insurance sector had total assets of 1.13 trillion yuan (US$136 billion) at the end of September, up 23.95 percent from the beginning of this year.

Close