Home » Business » Real Estate
Broader investment for insurers
Print Edition
China’s insurance regulator has standardized investments by insurance funds in long-term home rental projects.
Insurance funds can invest in long-term rental projects based in large and medium-sized cities and areas that see net population inflows, such as Beijing, Shanghai, and Xiongan New Area in Hebei Province, the China Banking and Insurance Regulatory Commission said in an online statement.
The new rules, effective from May 28, broaden investment channels for insurance funds and help with real estate controls, the statement said.
Insurance funds can invest in such projects in both equity and debt. For debt investment, cash flow of the entities being invested should cover at least the amount of principal and interest of their debt payable.
For equity investments, insurance funds should not use the equity of the target projects as collateral to a third party. Registration of insurance asset investments in long-term home rental projects will be fast-tracked, the statement said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
