Weekly investor roundup: China to allow more pension providers; GPIF reviews share-lending decision
China to expand commercial pension pilot scheme beyond current six life insurers; the Government Pension Investment Fund (GPIF) of Japan is putting its decision to stop lending shares up for debate; Singapore budget avoids net wealth tax but imposes higher levies on property and luxury cars; APG urges 10 South Korean investee companies to reduce carbon emissions; and more
TOP NEWS OF THE WEEK
China will expand its commercial pension pilot scheme nationwide from March 1 this year and allow other pension providers to participate in addition to six Chinese life insurers that have been allowed previously, China Banking and Insurance Regulatory Commission said on Monday (February 21).
CBIRC asked pension providers to keep exploring new products to cater to the need of new economy and flexible workers.
It initiated a one-year pilot scheme for commerc…
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