The stock market stepping on the wrong point favor risk capital real estate

Reporter Gao Gaifang Shanghai "April gallon, the May market crash have occurred since June market remains depressed, insurance fund investment in the first half are suffering a severe test. "Some insurance asset management company told the China Securities News reporter. Meanwhile, the insurance companies own, buy increasingly high grade office building enthusiasm. "Best office building are insurance companies in developed countries, because they have the money. China will follow at a later time. "A brokerage analysts pointed out that the insurance industry. Risk capital in the stock market hit the wrong rhythm, hope commercial real estate investment to "compensate". Recommended reading insurance weekly: increased warehouse investment over 30,000,000,004 months insurance funded deposits moved near billions of cast even insurance May then case Waterloo income differentiation country life cast even insurance success escape top 5 name foreign executives joined China peace Qian May Beijing insurance intermediary was penalty million history with shares mass insurance holding 20% Qiming: shocks city in the how mining Daniel unit stock market investment are differences according to insurance regulatory Commission announced of insurance operating data, this year April, insurance funds reduced bank deposits up 98.9 billion yuan, increased investment 32.6 billion yuan. "The increase in invested assets, to naturally increase interest investment. So April gallon can say is the collective behavior of insurance asset management companies. "Some insurance asset management company introduced. But since May the market downturn, differentiation of insurance asset management company's behavior changed dramatically. "We have to report, internal ranking, fundamental requirements is not lost. A lot of pressure. "People of such asset management company," we are the massive funds, slow. So we now " chips " to ensure we can drop off bags for safe. "He has said of" chips "refers to sell shares and redemption of funds. But another smaller insurance asset management company in charge said, as a low-cost, sustainable and stable source of funds, risk capital may also in this time of market "bargain inhalation". "In this context risk capital to endure loneliness than other funds. "He believes. Last September the China insurance regulatory Commission issued interim measures for the insurance fund investment real estate, open the door to another investment for risk capital--real estate. And insurance investments in real estate investments is consistent, go long. Real property protection of housing and office building is at present two major areas of risk capital investment real estate. Housing index Research Institute Deputy Director Chen Sheng describes in, his access to all insurance funds for the protection of the housing projects of the keen interest shown. Turbo in China (601,601, unit) launched a $ 4 billion of this year the Pacific "(601,099, unit)-debt investment plan for public rental housing project in Shanghai", ping (601,318, unit) also launched 7-year, $ 3 billion of "green-city investment holdings (600,649, unit) for the protection of housing project debt investment plans". While Turbo, Kunihisa, peace, protection, huatai, Taikang, Taiping and other 7 insurance asset management companies tens of billions of insurance owned is on-call protection housing project in Beijing. But a small insurance asset management companies related to people, protect the housing project is not a risk of Chinese want to do will be able to do, but regulators "group a" policy project. And insurance companies use the "use of real property" and "investment real estate" the subtle difference, in the Office building can be a lucrative return on investment. In late May, is located in Shanghai Pudong Lujiazui (600,663, unit) of Pacific financial Tower completed principal construction. Pacific insurance group moving in of some of the companies have taken the lead in. Just a few days ago, Taiping life, Pacific property Pacific insurance group and is a member of common investment, Futian District, Shenzhen Pacific financial Tower in Shenzhen has started construction, and will become a landmark in the area. In addition to the investment construction of office building, insurance companies are also in flower "heavily" purchase of high grade office building. Balance motor insurance and China life has recently invested more than 500 million Yuan to purchase two of landmark buildings in Shanghai world financial center floor, caused by heat. Analysis of a small insurance asset management company, unwritten requirements in the industry, as long as the offices of their own use rate is above 50%, belonging to their own use. In other words, even entire Office building one-third for rental are also personal property should be accounted for in the insurance company "fixed assets", and is not investment property. If is investment sexual property, in supervision Shang has two a hard requirements: "investment real estate of book balance does not than this company Shang quarter late total assets of 10%" and "assets management sector has many Yu 8 name has real estate investment and related experience of professionals, which has 5 years above related experience of many Yu 3 name, has 3 years above related experience of many Yu 3 name. "This means that investments limited, and insurance companies to" nurture "a group of people. "Insurance companies often can get very cheap and lots of good land to build office buildings. Both the rental of Office productivity is sustained and stable returns is ideal for insurance money. So risk capital is like the since built office buildings. Even bought and then renting is also cost-effective. "The analysis.