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CN Accelerating Landing of 2nd Batch of Pilot Long-term Equity Investment of Insurance Private Securities Funds: Wire
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CHINA LIFE (02628.HK) (601628.SH) and NCI (01336.HK) (601336.SH) jointly funded the launch of the first batch of long-term investment stock pilot of insurance capital in the early stage, while the first phase of the pilot RMB50 billion private securities investment fund have been fully invested and landed, with decent results, according to China Business Network. It is learnt that the second batch of pilot institutions for long-term equity investment by insurance funds approved a total pilot quota of RMB112 billion, with more insurance institutions participating. At present, the institutions are accelerating their work progress, and advancing the establishment of and investment in private securities funds as soon as possible. AAStocks Financial News |
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