Li Yunze: The risk factor of stock investment has been further reduced by 10%, encouraging insurance companies to increase their market participation.
On May 7, Li Yunze, Director of the China Banking and Insurance Regulatory Commission, stated during a press conference hosted by the State Council Information Office that the insurance funds should fully play their role as patient and long-term capital, increase their market stability efforts, and introduce three measures to support the stabilization and activation of the capital market. Firstly, expand the scope of pilot projects for long-term investment of insurance funds to inject more incremental funds into the market; secondly, adjust the regulatory rules for solvency, further lowering the risk factor of stock investments by 10%, and encouraging insurance companies to increase their market presence; thirdly, promote a long-term assessment mechanism to promote long-term investment.
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