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China May Let Insurers Invest in Index Futures, Securities Says

July 23 (Bloomberg) -- China may allow insurance companies to invest in stock index futures, the Securities Times reported today, citing an unidentified insurance company.

Insurers would be allowed to invest in index futures to hedge against risks and not for speculation, the Shenzhen-based newspaper reported.

Link to Company News:{CIRCZ CH <Equity> CN <GO>}

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

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net

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