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BIZCHINA / China Insurance
Insurers to invest in stocks
(chinadaily.com.cn)
Updated: 2007-07-19 14:48
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The China Insurance Regulatory Commission (CIRC) is encouraging insurance
companies to enter the stock market by permitting three insurance firms
to invest.
The three new insurance firms are Huatai Life, Bohai Property Insurance
Huanong, and Property Insurance, increasing the number of insurance
companies eligible for stock market investment to five. The original two
are Ming An Insurance and Sino Life Insurance.
Right now a few companies have begun developing portfolios, research
investment tactics, and investment simulations. They also attach great
importance to strengthening company internal management, risk management
and trade management, in a bid to boost investment ability and reduce
risks.?
...
The full text is available in the?China Insurance.
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(For more biz stories, please visit Industry Updates)
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