Shenzhen Stock Exchange to optimize insurance capital market entry

The Shenzhen Stock Exchange said it will explore mechanisms to optimize insurance capital market entry, aligning with China's latest efforts to support a struggling stock market.

The operator will also continue to enhance the quality of listed companies, reduce trading frictions and support increased equity investment by insurance funds, according to Shenzhen Stock Exchange executive vice general manager Tang Rui.

Tang noted that the operator is designing plans to facilitate medium- to long-term capital market participation, focusing on key areas such as improving product supply, optimizing the market environment and enhancing service connectivity. 

In January, China announced plans to channel hundreds of billions of yuan of investment from state-owned insurers into shares.

STAFF REPORTER AND REUTERS