Monday September 19 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
According to China Insurance Regulatory Commission (CIRC), insurers can launch wealth management products to make portfolio investments via the Shanghai-Hong Kong Stock Connect. CIRC said that the new access to the Hong Kong market will help insurers improve asset structures, minimise risk and increase returns.
CIRC also clarified rules on opening accounts, trading and clearing.
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