CIRC Sets Upper Limit for Insurance Company Funds Allowed to Invest in Stock Market at 20%
Published:
2010-08-06
The China Insurance Regulatory Commission (CIRC) has set the upper limit of insurance company funds allowed to invest in the stock market at 20% of their total funds, according to a notice released by the CIRC yesterday. The notice also prohibits insurance company funds from investing in the property market.
Source
China Securities Journal
Google Translation
http://translate.google.com.hk/translate?hl=zh-CN&sl=zh-CN&tl=en&u=http://www.cs.com.cn/xwzx/03/201008/t20100806_2541041.htm
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