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在线翻译:
szdaily -> China -> 
Insurance funds allowed in SZ-HK stock connect
    2017-07-03  08:53    Shenzhen Daily

INSURANCE authorities have allowed mainland insurance companies to invest in Hong Kong shares via the Shenzhen-Hong Kong Stock Connect.

Insurers are permitted to use their securities investment funds — which are controlled by qualified fund managers — to buy Hong Kong stocks, the China Insurance Regulatory Commission (CIRC) said in a recent statement.

The new access to the Hong Kong market will help them improve asset structures, minimize risk and increase returns, the CIRC said.

The Shenzhen-Hong Kong Stock Connect program was launched in December 2016 for investors to trade selected stocks on each other’s exchanges.

The link opens another door to the mainland’s stock markets, allowing foreigners to buy shares in more than 800 mainland firms for the first time, while also giving mainland investors further access to Hong Kong-listed companies.

Former Hong Kong Chief executive Leung Chun-ying hailed it as “yet another milestone in deepening mutual access” between the capital markets in Hong Kong and on the mainland.

A similar stock connect between Shanghai and Hong Kong bourses was opened in November 2014. Trading links between Hong Kong and the two cities on the mainland were also significant steps enabling foreign investors to buy A shares with fewer restrictions than previous regimes.(Xinhua)

 

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