More investment rules for insurers

The China Insurance Regulatory Commission (CIRC) issued more guidelines to insurance companies on investing in China's stock markets, state media reported. The guidelines stipulate that insurers cannot invest more than 5% of their assets earmarked for trading in any single company and cannot own more than 5% of a listed company's shares. Insurers are also required to report to the CIRC when they incur capital gains or losses exceeding certain thresholds.