UPDATE 1-China tightens rules on insurers’ private equity investment schemes
04 Jan UPDATE 1-China tightens rules on insurers’ private equity investment schemes
Posted at 05:30h
in
News
by KMFSLLP
BEIJING/SHANGHAI, Jan 5 (Reuters) – China’s insurance
regulator issued a notice on Friday banning insurers’ asset
management arms from using private equity investment schemes as
a channel to increase local government debts.
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