Reuters Reported Earlier China Finance Ministry On Monday Issued Notice To Guide Insurance Funds For Long-term Investment
Portfolio Pulse from Charles Gross
China's Finance Ministry has issued a notice to guide insurance funds for long-term investment, according to a Reuters report.

October 30, 2023 | 9:34 am
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The notice from China's Finance Ministry may impact the investment strategies of insurance funds, potentially affecting the iShares China Large-Cap ETF (FXI).
The notice from China's Finance Ministry is aimed at guiding insurance funds for long-term investment. This could potentially change the investment strategies of these funds, which may in turn affect the performance of ETFs like FXI that are invested in large-cap Chinese companies. However, the exact impact will depend on the specifics of the guidance and how it is implemented by the insurance funds.
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