China Life's stock market breaking heat cited concerns that closed positions 4,000 points.

<P> Hearing, according to http://, in terms of social security funds expressed concern about the domestic stock market rose too high, and pulling out, yesterday, one of the largest institutional investors in China Life's chief investment officer Mr Liu made it clear that once the stock market .break 4,000 points, even if the stock market continue to rise, China Life will not continue to Masukura. .In terms of social security funds expressed concern about the domestic stock market rose too high, and pulling out, yesterday, one of the largest institutional investors in China Life's chief investment officer Mr Liu made it clear that once the stock market broke 4,000 points, even if the stock market continue to rise, the country .Life will not continue Masukura. .The current stock market is irrational factors, although a quarter of the stock market rose more, but in the second quarter will not necessarily put on the same situation. .The face of the stock market continued to rise, although the first quarter benefited from the booming domestic stock market performance, one of the largest institutional investors in China Life's investment income in the first quarter this year, approaching the total return on investment last year, reaching 8.88 billion .yuan (9.3 billion last year.) .But when the stock market will be welcomed yesterday's mark broke the 4,000 points when they changed half months ago, Mr Liu's optimism. .Last month 19, 3600 when the Chinese stock market rushed point, Mr Liu in an interview made it clear that the future is still optimistic about China's equity and stock market outlook. .Country life in the first quarter of yesterday's results briefing, he said the attitude of caution: Although the previous valuation of the stock market slightly higher, but the enterprise has brought high-quality high-speed growth, so relatively acceptable. .But the current stock market gathered a large number of non-professional investors, small retail investors frantically chasing the stock market gains. .Stock market flooded with a lot of irrational factors. .He says that even in the first quarter rate of increase in the stock market is large, but the second quarter of this market will not necessarily happen again. .Around 3000-4000 can still be acceptable, but higher, does not mean that China Life will continue to Masukura. .As to the first quarter, investment in equity market, China Life reached the ratio of 13%. .At the same time, China Life also announced yesterday, will adjust the investment strategy. .We will reduce the proportion of bank deposits to shift the bond market. .However, the adjustment for equity market direction, he did not reveal details, saying only that the market and investment opportunities will be adjusted. .Previously, China Life Insurance to Europe and the Middle East road show, the local investment agencies have made it clear that China Life should increase the proportion of equity investments. .China Life's equity investments consist primarily of unlisted shares, funds and stocks. .Recently, the vice chairman of the National Social Security Fund Council, Gao also disclosed that due to concerns about the domestic stock market rose too high, the social security fund is selling stocks. .Because the total assets of 450 billion yuan of social security funds which, market prices are 40% invested in the mainland stock, in accordance with the requirements should be only 30% of the proportion of stocks. .The end of the investment ratio of 35%, so the social security fund in the reduction of stocks. .</ P>.