Chinas Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financial stability. The recapitalisation comes as tighter solvency rules and falling bond yields pressure insurers, while Beijing encourages greater equity investments. Analysts expect a measured, rather than aggressive, increase.

Eight Chinese central financial enterprises, including Industrial and Commercial Bank of China (ICBC), unveiled capital increase plans on Sunday to replenish their core Tier-1…

China’s state-owned insurers will receive fresh capital as falling bond yields, tougher solvency rules and stock-investment pressure weigh on capital levels.