国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

More insurance funds allowed into equity markets

(Xinhua)
Updated: 2007-10-10 10:24

China's insurance regulator has given go-ahead to another seven small and medium-sized insurance companies to invest through trust services in the country's bullish stock markets.

The insurance companies are Sunshine Insurance, Jiahe Life, Dragon Life, Dazhong Insurance, AVIVA-COFCO Life, Yingda Taihe Life, and Changjiang Pension Insurance, according to China Insurance Regulatory Commission (CIRC).

Their investment ceiling is ten percent of their assets at the end of last year and for some insurers the ceiling is five percent, the CIRC said.

The approval raised the number of insurers that can do trustee investment to more than 20, Tuesday's Shanghai Securities News cited an unnamed source as saying.

Only nine local insurers that have asset management businesses and the U.S.-funded AIA China have been given approval for direct investment in the Chinese mainland stock markets.

In July, the CIRC doubled the equities investment cap for insurance capital from five to ten percent to allow more opportunities for higher earnings on the heated stock markets.

China's benchmark Shanghai Composite Index rose 0.41 percent to 5,715.89 points on Tuesday. It has jumped 113.6 percent since the beginning of the year.

The seven insurance firms, most established less than five years ago, would have little impact on the stock markets as their assets were usually small in scale, analysts said.


(For more biz stories, please visit Industry Updates)



米林县| 稷山县| 松滋市| 邛崃市| 普定县| 绥宁县| 霍邱县| 滨海县| 双辽市| 香河县| 略阳县| 常宁市| 新密市| 本溪市| 榆中县| 宁乡县| 麻城市| 瓦房店市| 孙吴县| 五峰| 天柱县| 莱芜市| 玛纳斯县| 富顺县| 张家港市| 大同市| 湖北省| 台湾省| 福州市| 巴楚县| 丽水市| 梁河县| 库伦旗| 周口市| 工布江达县| 永仁县| 凌源市| 潮州市| 葵青区| 北宁市| 中方县|