China Insurance Regulatory Commission, Circular on Matters Relevant to the Investment of Insurance Capital in Preference Shares
中国保险监督管理委员会关于保险资金投资优先股有关事项的通知
November 10, 2014 | BY
clpstaff &clp articlesInsurance proceeds allowed to be invested in preference shares.
Issued: October 17 2014
Effective: as of date of issuance
Applicability: For the purposes of this Circular, the term “preference shares” includes publicly offered preference shares and privately offered preference shares (Article 1).
Main contents: Preference shares in which insurance capital is invested shall have a long-term credit rating of at least A