China vice finance minister
Large state-owned commercial insurance companies still have room to increase their capital market investment.Other officials:
China will guide fund companies to buy their own equity funds using some of their profits.
The vice head of China’s financial regulator says major state insurers will be encouraged to allocate 30% of their newly generated premium income to stock investments.
Dividend payouts and share buybacks by listed companies hit record highs last year.
More than 310 listed companies are expected to pay out dividends totaling over 340 billion yuan in the first two months of this year.
The current dividend yield of the CSI 300 Index has reached 3%, significantly higher than the yield on the 10-year treasury bond.
This is related to this from earlier:
China to boost long-term funds for equity marketsChinese official says 100s of bns of yuan to flow into shares every year from pensions This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about china official says insurance firms still have room to increase their market investment was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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