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Article: BRIEFING - ASIA INSURANCE - JAN 3, 2001.
- Article from:
- AsiaPulse News
- Article date:
- January 3, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on insurance for Jan 3, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINA ALLOWS INSURERS TO INVEST MORE IN STOCK MARKET
BEIJING - A group of insurance companies in China has been approved to invest a bigger proportion of their assets in the stock market via securities investment funds, according to the China Insurance Regulatory Commission.
The commission announced that at present there are four scales, namely 15 per cent, 12 per cent, 10 per cent and 5 per cent, in relation to the insurers' gross assets at ...