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机构投资者问题是一个非常重要的问题。目前中国证券市场中的机构投资者还比较少,相对不够发达。以保险公司为例,我们目前对保险业的投资限制比较多,去年的政策允许保险公司可以投10%的钱进来,今年有人希望能再增加一些。但总体来说,保险公司在股市中放钱还是很少的。这对保险业来说是一个很大矛盾。在前些年利率高的时候,保险公司向消费者承诺的回报也比较高,现在保险公司的钱存在银行里,投不列股市中去,没办法拿到那么高的回报。这个状况不改变的话,下一步保险业将面临非常人的危险。投资基金入市的有几家,还在发展。养老基金入市问题我们还没有解决,最近争论得比较厉害。
Institutional investor issues are a very important issue. At present, institutional investors in China’s securities market are still relatively small and relatively underdeveloped. Take insurance companies as an example. Currently, we have more investment restrictions on the insurance industry. Last year’s policy allowed insurance companies to invest 10% of their money. Some hope this year will add another. But overall, insurers pay little in the stock market. This is a big contradiction for the insurance industry. When interest rates were high in previous years, the insurers’ promise to consumers was relatively high. Now that the insurer’s money is in the bank and the stock market is not listed, there is no way to get that high return. If this situation does not change, the insurance industry will face extraordinary danger in the next step. There are several investment funds into the market, still under development. Pension Fund Market We have not yet solved the issue, the recent controversy was more powerful.