国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Insurers investment earnings up 160% in 1st half

(Xinhua)
Updated: 2007-07-25 15:01

Investment earnings of all China-based insurance firms hit 137.4 billion yuan (US$18.1 billion) in the first half, 160 percent up from the same period last year, according to the China Insurance Regulatory Commission (CIRC).

The insurers invested 11.76 percent of their 2.31 trillion yuan (US$305.1 billion) capital surplus in shares, including options, and 7.71 percent in mutual funds, Yuan Li, assistant chairman of the industry regulator, said on Tuesday.

Yuan said the firms invested another 77.82 percent in fixed income products, including 32.66 percent in bank deposits, 15.78 percent in national bonds, 19.82 percent in financial bonds and 9.56 percent in corporate bonds.

He gave no further details on the investment of the remaining 2.71 percent.

Yuan said the proportion of investment in shares and options increased during the past six months while that in bank savings and bonds declined, but he gave no details.

The CIRC raised the cap on investment in the domestic stock markets from five to 10 percent of their assets at the end of last year, but maintained the 20 percent investment ceiling on securities and mutual funds.

The move is widely believed to have focused the firms on more high earnings investment opportunities in the stock markets. Chinese share prices have soared around 60 percent since the beginning of the year on a 130-percent increase last year.

Yuan said the insurance industry had invested 19.7 billion yuan (US$2.6 billion) worth of foreign currencies in overseas markets by the end of June.

The CIRC was to unveil the revised regulation on insurers' overseas investment soon to balance and prevent their investment risks.

The State Council, China's cabinet, authorized insurers to invest overseas with their own foreign reserves in 2004 before allowing them to buy foreign reserves to invest overseas in 2006.

The total assets of the insurance industry reached 2.53 trillion yuan (US$334.1 billion) at the end of June, 20.2 percent higher than the same time the previous year, said the CIRC.


(For more biz stories, please visit Industry Updates)



南宁市| 日照市| 沙湾县| 谢通门县| 泸水县| 县级市| 蒙山县| 韶山市| 兖州市| 稷山县| 武功县| 宜都市| 霍州市| 美姑县| 星子县| 寻甸| 江孜县| 龙岩市| 察哈| 郓城县| 中西区| 东兰县| 任丘市| 东莞市| 临城县| 余干县| 黄陵县| 和龙市| 元谋县| 罗城| 梁山县| 重庆市| 邢台县| 伊春市| 什邡市| 沙田区| 化德县| 吉安县| 平安县| 平顺县| 鸡西市|