Liu Shiyu, director of CSRC, launched an unprecedented attack earlier this month on what he called ‘barbarians taking up stakes of listed companies with money from dubious sources’. Photo: Simon Song

Huaxia Life, Soochow Life banned from launching new universal life insurance products for three months

The Chinese insurance regulator is getting tough on the products which are seen as a major capital source for unlisted insurers buying A shares aggressively

Topic |   Banking & Finance

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Liu Shiyu, director of CSRC, launched an unprecedented attack earlier this month on what he called ‘barbarians taking up stakes of listed companies with money from dubious sources’. Photo: Simon Song
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