Published: 5:15pm, 14 Dec, 2016 Updated: 8:46pm, 20 Jul, 2018
The China Insurance Regulatory Commission ( pm ) is launching a series of measures to rein in frequent and aggressive stock trading . These include raising the limit on equity exposures in investors ’ investment portfolios back to 30 % , having just raised it to 40 % last July to shore up the falling stock market , and cutting the percentage of total assets an insurer can invest in a single stock from 10 % to 5 % . Insurers in ##dices will also be forbidden from allying with non - insurance firms to buy listed companies . CIRC chairman Xiang Junbo said " insurers should be long - term investors rather than short - term speculators " .