Large state-owned commercial insurance companies still have room to increase their capital market investment.
Other officials:
The vice head of China’s financial regulator says major state insurers will be encouraged to allocate 30% of their newly generated premium income to stock investments.
More than 310 listed companies are expected to pay out dividends totaling over 340 billion yuan in the first two months of this year.
This is related to this from earlier:
China to boost long-term funds for equity marketsChinese official says 100s of bns of yuan to flow into shares every year from pensions This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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