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China May Let Insurers Invest More in Stocks, Bonds, Securities News Says

By Bloomberg News -

China may issue rules next month that allow insurers to increase the amount of assets they are allowed to invest in so-called yuan-denominated A-shares, A- share funds, bond funds and money market funds, the Shanghai Securities News reported today, without citing anyone.

Insurers may be allowed to invest 25 percent of their assets in A-shares, A-share funds, bond funds and money market funds, rising from the current 20 percent, the Shanghai-based newspaper reported.

To contact the reporter on this story: Jian Guo Jiang in Shanghai at jjiang@bloomberg.net

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