# Who Keeps Crashing China’s Stock Market?

> China’s stock market crashes as insurers face blame for sudden sell-offs.
- Title: Who Keeps Crashing China’s Stock Market? · mint | Shortify
- Summary: China’s stock market crashes as insurers face blame for sudden sell-offs. China’s stock market plunges after insurers cut tech stocks amid policy shifts.
- Keywords: china, stock market, insurers, csi 300, star 50, pbo, shiva capital, hong liang, china life insurance, ai investments, market stabilization, window guidance
- Source: mint — https://livemint.com/market/who-keeps-crashing-china-s-stock-market-11793820174602.html
- Published: 2026-11-04T19:22:54+00:00
- Read time: 1 min
- Topics: china, stock market, insurers, csi 300, star 50, pbo, shiva capital, hong liang, china life insurance, ai investments, market stabilization, window guidance
## China’s Market Crisis
China scrambles to contain stock-market rout two years after previous rescue.
## Market Plunges
CSI 300 Index falls into bear market from late-June peak while Star 50 drops 48%.
## Blame Game Begins
Shiva Capital’s Hong Liang accuses insurers of piling into tech stocks near July peak then slashing positions.
## Insurers’ Shift
China Life Insurance raised AI bets to 19.2% of portfolio by June 2026 from 16.9% in 2025.
## Policy Pressure
Regulators require insurers to report holdings and avoid cutting losses during market downturns.
## Insurers’ Strain
China Pacific Insurance Group says equity investing has become complicated amid market volatility.

> equity investing had become "complicated"
## Who Blames Whom?
China faces repeated stock-market crashes with emergency bailouts in 2018, 2024, and now.
## Key takeaway

China’s stock market plunges after insurers cut tech stocks amid policy shifts.