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Weekend: China relaxes rules for insurers to invest in stock markets

Weekend: China relaxes rules for insurers to invest in stock markets
On Sunday China's financial regulator reduced the risk weighting it attaches to insurance companies' holdings of blue-chip shares and tech stocks.The effect of the change should be to encourage them to invest more in China's stock market, a lower risk weighting frees up more capital for insurers to invest. The National Administration of Financial Regulation (NAFR) moves:the risk weighting for CSI300 Index constituents would be reduced to 0.3 from 0.35for stocks listed on Shanghai's tech-focused... Read More
Posted: Sep 10 2023, 21:04
Author Name: forexlive
Views: 102041

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