China Eases Rules for Insurers Buying Stocks in Support Measure
Pudong's Lujiazui Financial District in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China will make it easier for insurance companies to invest in domestic stocks, the latest in a series of measures aimed at shoring up market sentiment.
The risk weighting will be lowered for insurers’ investments in CSI 300 Index members as well as stocks listed on the STAR market, according to new rules issued by China’s National Administration of Financial Regulation. The minimum capital requirements for insurers will also be cut, according to a statement.