BEIJING May 4 China's insurance regulator will encourage insurance funds to participate in debt-for-equity swap deals, it said in an online statement late on Thursday.
The regulator also said it will consider a negative list of non-significant equity investment by insurance companies, according to the statement. (Reporting By Beijing monitoring desk; Editing by Shri Navaratnam)
BRIEF-Altus Holdings posts FY profit attributable to owners HK$12.4 mln
* FY profit attributable to owners hk$12.4 million versus hk$17.3 million