CHENGDU, Dec.29 (NBD) -- This year, the total amount of insurance funds invested in the stock market shrank significantly. Altogether, there are 6 stocks are held for 7 times by insurance funds for more than 5% with the total market value up to 38.4 billion yuan (5.5 billion US dollars) in 2016. In contrast, insurance companies have reported their holdings for 31 times with the total market value stood at 125.7 billion yuan (18.08 billion US dollars) in 2015.