China will raise the lift the ceiling on stock investments by insurance companies to 15 percent of their assets in the previous year, Forbes reported, citing the China Business Post reported. Chinese insurers currently are allowed to invest in stocks the equivalent of five percent of their assets in the previous year. An official with the China Insurance Regulatory Commission (CIRC) said that the regulators will enforce the new ceiling in the second half, Forbes quoted. More insurers will be encouraged to launch asset-backed securities (ABS) in the second half, and insurance funds will also be encouraged to invest overseas, the official said. At the end of June, domestic insurers' investment in shares has increased 186 percent from the beginning of the year.