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China to promote insurance investment in debt-for-equity swaps
May 4, 2017 / 10:35 AM / 7 months ago

China to promote insurance investment in debt-for-equity swaps

BEIJING, May 4 (Reuters) - 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)

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