Weekend: China relaxes rules for insurers to invest in stock markets

<p>On Sunday China's financial regulator reduced the risk weighting it attaches to insurance companies' holdings of blue-chip shares and tech stocks.</p><p>The effect of the change should be to encourage them to invest more in China's stock market, a lower risk weighting frees up more capital for insurers to invest.</p><p>
The National Administration of Financial Regulation (NAFR) moves:</p><ul><li>the risk weighting for CSI300 Index constituents would be reduced to 0.3 from 0.35</li><li>for stocks listed on Shanghai's tech-focused STAR Market would be cut to 0.4, from 0.45</li></ul><p>Also over the weekend from China:</p><ul><li><a href="https://www.forexlive.com/news/china-august-inflation-cpi-01-yy-vs-expected-02-ppi-30-yy-expected-30-20230909/" target="_self">China August inflation: CPI 0.1% y/y (vs. expected 0.2%) &amp; PPI -3.0% y/y (expected -3.0%)</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.