Insurance funds feature long cycles, high stability and large scales, so they usually act as a "ballast" in the capital market, said an executive with the China Life Insurance (Group) Company, noting ...
The one-year loan prime rate (LPR) was cut by a quarter percentage point, or 25 basis points (BPs), to 3.1%, while the five-year LPR, on which many lenders base their mortgage rates, was also trimmed ...