News Column

H1 Insurance Fund Invested in Stocks to 15-month Low

August 5, 2014

BEIJING, August 5, SinoCast -- The balance of used insurance fund totaled CNY 8.590664 trillion in the first half of this year, growing 11.75% over the beginning of the year, according to China Insurance Regulatory Commission.

Among it, bank deposits hit CNY 2.561846 trillion, accounting for 29.82%; bond investment hit CNY 3.563576 trillion, accounting for 41.48%; stock and securities investment hit CNY 804.855 billion, accounting for 9.36%; other investment hit CNY 1.660387 trillion, accounting for 19.34%.

Compared with the end of May, the balance of used insurance fund by the end of June added nearly CNY 300 billion, most of which was allocated to bank deposits and alternative investment. Among it, bank deposits added CNY 228.8 billion; bond investment added CNY 4.73 billion; stock and securities investment dropped CNY 9.278 billion, accounting for 9.36% and a 15-month low.

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Source: Sinocast Insurance Beat (China)

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