Matters Relevant to Investments in Convertible Corporate Bonds by Insurance Companies Circular
中国保险监督管理委员会关于保险公司投资可转换公司债券有关事项的通知
Insurance companies are now allowed to invest in convertible corporate bonds.
(Issued by the China Insurance Regulatory Commission on July 23 2004.)
(中国保险监督管理委员会于二零零四年七月二十三日印发。)
To all insurance companies and insurance asset management companies:
In order to carry through the spirit related to the State Council, Promoting the Reform, Opening Up and Stable Development of the Capital Markets Several Opinions, promote direct entry of insurance funds to the capital markets by various means in a stable and orderly manner, further broaden the channels for the use of insurance funds, enrich the variety of investment products for insurance funds and effectively disperse investment risks, the Commission, after discussion, has decided to allow insurance companies to invest in convertible corporate bonds (hereafter, Convertible Bonds). Relevant matters are notified hereby:
各保险公司，各保险资产管理公司：
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