Analysts say Beijing is most concerned about the smaller companies, which are pitching investment products with promised annual returns as high as 8%, to savers who are frustrated with China’s volatile stock market and with low interest rates offered by bank savings accounts. China has cut interest rates six times since November last year, dropping deposit rates to 1.5% from 3%.Last year, the concern was real estate and overstated assets. Another Insurance Company in Financial Trouble. This year stocks. Maybe next year bonds and currency?
The regulators appear to have two main concerns. They worry that insurers, which need to boost their own returns to meet the promised high payouts, have been scooping up stocks, helping to drive the market to a one-month high and adding volatility. They are also uneasy about the products themselves, and the risk of a mismatch between the insurers’ investments and their promised payouts.
How To Keep The Big 3 And Win Another Ring
-
It’s all part of the puzzle – Warriors General Manager Mike Dunleavy After
the Warriors unceremonious loss to the Sacramento Kings last Tuesday in the
West...
No comments:
Post a Comment