China raises equity investment cap by insurance funds to support capital market

On April 8, China's National Financial Regulatory Administration announced measures to raise the cap on equity investments by insurance funds. The adjustment aims to broaden investment channels and inject more equity capital into the real economy. The upper limit of the equity asset allocation ratio was raised by 5 percentage points for certain insurers. Insurers expressed strong support, pledging to ramp up long-term equity investments in strategic emerging industries.