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CN NAFR: RMB50B Insurance Capital Approved for LT Investment in Stock Mkt Before LNY
2025-01-23 10:03:13 Xiao Yuanqi, vice minister of the National Administration of Financial Regulation (NAFR), said at a press conference held by the State Council Information Office this morning (23rd) that the second batch of pilot long-term equity investment by insurance funds for 2025 will be launched in 1H25, while the scale of the funds will be no less than RMB100 billion, with an approved amount of RMB50 billion to be invested in the stock market by the Lunar New Year (LNY). ~ AAStocks Financial News Web Site: www.aastocks.com | |