Industries > Finance

Insurers encouraged to buy more shares of listed companies

2019-01-29 08:58

Already collect

China encourages insurance companies to buy more shares and bonds of high-quality listed companies, the country's top banking and insurance regulator said Monday.

As institutional investors, insurance companies are supported to make value investments and long-term investments to foster stable development of listed companies and the capital market, said Xiao Yuanqi, a spokesperson with the China Banking and Insurance Regulatory Commission.

Xiao said the regulator will establish assets and liabilities supervision and assessment mechanism to facilitate insurance companies in making long-term investments.
Add comments

Latest comments

Latest News
News Most Viewed