Circular on Regulating Stock Investments of Insurance Institutions

关于规范保险机构股票投资业务的通知

An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.

(Issued by the China Insurance Regulatory Commission on March 18 2009.)

Insurance companies and insurance asset management companies:

(中国保险监督管理委员会于二零零九年三月十八日发布。)

With a view to supporting the reform and development of the capital market and enhancing the self-determined allocation and investment management capabilities of insurance institutions, we hereby notify you on matters relevant to further regulating the investment of insurance proceeds in stocks as follows:

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