Investment Yields of China's Insurance Companies Up 3.44% in H1
Published:
2009-08-03
The China Insurance Regulatory Commission announced that the investment income yielded by China's insurance industry was up 3.44% in the first half of the year, at a press conference on Friday. Fixed income investment accounted for 56.08 billion yuan, or 51%, of the total while investment in equites provided 47.8% of the income. The industry invested a total of three trillion yuan. CIRC also announced that it had no intention of reducing the current cap on insurers' stock market investments, which are currently limited to10 percent of assets directly in stocks and 15 percent in mutual funds.
Source
China.com.cn
Google Translation
Source
China.com.cn
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
Popular
Briefs
- OPhones to Take on iPhone
- The 3G-enabled Lenovo Mobile OPhone is likely to provide stiff competition to Apple's iPhone in the China market.
- Source:China Mobile
- 6.4-Magnitude Quake Rocks West China
- A 6.4-magnitude earthquake struck China's western Qinghai province earlier this morning.
- Source:China Earthquake Networks Center
- TAX
- Taxing Times
- China's tax bureau aims to collect an additional 100 billion in tax before the end of the ...
Interactive
Are state-owned enterprises playing too large a role in overseas acquisitions?
Multimedia
A look at Nanjing local government's controversial urban reconstruction project