400 billion venture capital market is the A-share market to wait for the great good?.

<P> 8 5 March, China Insurance Regulatory Commission issued the "Interim Measures on Management of insurance funds." .From media reports, the "Interim Procedures" promulgated, was the A-share market is considered a major positive. .All of a sudden, "400 billion venture capital waiting to enter the market", "400 billion fund to boost the stock market", "400 billion of funds or the stock market," the public opinion everywhere. .</ P> <P> However, this 400 billion of funds into the stock market true? Not necessarily. .It is but just a Huabing only. .</ P> <P> fact, this is 400 billion yuan of funds calculation is not complicated. .According to the "Interim Measures" requirement, insurance funds investing in stocks and stock funds up to 20% the proportion of the ceiling, with the "Interim Measures" provides insurance funds invested in bank demand deposits, government bonds, central bank bills, policy bank bonds .and money market funds and other assets, the book balance, the total on the end of the quarter the Company not less than 5% of total assets. .Simple sum of the two, which means that the proportion of equity investment of insurance funds can reach 25%. .The end 6 at the end, the insurance capital investment funds, stocks, shares and other equity investments accounted for 15.1%, from the ceiling target of 25% and 10% of the space. .6 in accordance with the insurance company total assets 4.17 trillion yuan at the end of computing, venture capital equity investment of funds of space there can be used 4,000 billion, 400 billion yuan of funds into the stock market a result from. .</ P> <P> 4,000 billion yuan of funds but this is clearly "unwarranted". .On the "Interim Measures" under the "Investment in bank demand deposits, government bonds, central bank bills, policy bank bonds and money market funds and other assets, the book balance, the total on the end of the quarter the Company not less than 5% of total assets" .This part of the funds, this 5% of the total 200 billion yuan of funds, the basic and the stock market is not detached. .And this is not a limit of 5%, but lower limit, the upper limit can be 50% or even higher, is not simply invest in stocks and stock funds and 20% of the maximum additive. .6 at the end of this year because, in the operation of insurance funds, bank deposits accounted for 30.5%, bonds accounted for 51.8%, far exceeding the 5% ratio. .Therefore, you should use this part of the funds into stock investments in the past..