Financial Times markets news
January 23, 2025 at 04:13 AM
Beijing's securities watchdog said state-owned insurers would be encouraged to allocate at least 30% of new premium income each year to Chinese shares, starting this year. This is the first time regulators have set explicit investment targets for mutual funds and state-owned insurance companies.
More details here: https://on.ft.com/4jDmZ10
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