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 " .
The China Insurance Regulatory Commission (CIRC) is launching a series of measures to rein in frequent and aggressive stock trading. These include reverting the limit on equity exposures in insurers’ 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 China 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".