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CSRC: Full Implementation of LT Assessment of Operating Performance of State-owned Commercial Insurers for 3Yrs+
2025-01-23 09:33:33 Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), said at a press conference of the State Council Information Office that the sales fee rate of public funds will be further reduced in 2025, which is projected to save investors about RMB45 billion. In parallel, he proposed that state-owned commercial insurance companies fully implement a long-term assessment of their operating performance for more than three years. At this juncture, there are different degrees of short-term assessment of commercial insurance funds and enterprise pension funds, resulting in great impact of short-term market fluctuations on the performance assessment, and the stock investment tends to be short-termized, which makes it difficult to play the role of long-term money. ~ AAStocks Financial News Web Site: www.aastocks.com | |