Can be carried out.

We recently received news from the China Insurance Regulatory Commission that insurance asset management companies can carry out business innovation, product innovation and organizational innovation on the premise of effectively controlling risks.

According to the recently released "Notice on Matters Concerning Insurance Asset Management Companies" (referred to as the "Notice"), insurance asset management companies, in addition to being entrusted with the management of insurance funds, can also be entrusted with the management of pensions, corporate annuities, housing provident funds and other institutions.

funds and the funds of qualified investors who can identify and bear corresponding risks; as a trustee, an insurance asset management company can accept the entrustment of customers and carry out asset management business in the name of the client. It can also establish asset management products for the benefit of beneficiaries or

To carry out asset management business for specific purposes; when an insurance asset management company carries out asset management business, it shall, in accordance with relevant market rules, open securities accounts and capital accounts in the name of asset management products or special accounts, and conduct independent operation and management.