Express News | The State-owned Assets Supervision and Administration Commission of the State Council: Continuously improve the quality of central enterprises' controlled listed companies, and constantly improve and strengthen Market Cap management.

BreakingsFeb 17 07:16

SWHY: Medium and long-term funds focus on 5 types of targets for market entry, insurance companies welcome a new wave of stock acquisitions.

The entry of medium- and long-term funds into the market has entered a stage of implementation, with insurance capital playing a key role. The current wave of stake acquisitions is expected to continue, and further support for policies on the asset side is yet to be released.

Zhitong FinanceFeb 14 16:10

The U.S. dollar deposit interest rates have "plummeted from high levels," leading to a trend of funds moving to Hong Kong to increase allocation to high-yield U.S. dollar Assets, making Hong Kong insurance products favored.

① Due to Hong Kong's current implementation of the "linked exchange rate system" which is fixed to the USD, domestic dollar deposit interest rates have been lowered, but Hong Kong is not affected. ② For a long-term economic cycle with market interest rates in a downward environment, the capital gains potential is limited, and Asset allocation focuses more on the long term.

cls.cnFeb 13 09:41

UBS Group: The green light is on for Insurance funds to invest in Gold, and no significant changes in asset allocation are expected.

Last Friday (the 7th), the National Financial Regulatory Administration announced that it would allow some Insurance companies to invest in Gold as part of their medium to long-term asset allocation. Most domestic Insurance companies are included in this. A UBS Group research report stated that this move was expected, as the administration had already hinted at it during the Lujiazui Forum last June. The report indicated that the risk of interest margin losses is currently a major challenge for the Insurance industry, due to the overlapping of a long-term interest rate down cycle and an 'asset shortage.' Gold not only serves as a tool for value storage but also provides risk diversification and liquidity advantages. Moreover, the approval for Gold may indirectly open the door for Overseas investments. The report stated.

AASTOCKSFeb 11 09:47

The National Financial Supervisory Authority requires Insurance groups to maintain sufficient capital and liquidity buffers.

The General Office of the National Financial Supervision and Administration released the "Insurance Group Concentration Risk Regulatory Guidelines" last Saturday (8th), requiring insurance group companies to establish disclosure mechanisms for concentration risk information and emergency and mitigation management mechanisms. Insurance groups should Hold sufficient capital and liquidity buffers for concentration risks, and member companies should avoid excessive reliance on specific Assets, counterparties, clients, regions, or markets. The guidelines state that when significant risks from various types of concentration risks have already occurred or are expected to occur, potentially having a major impact on the group's liquidity, solvency, reputation, etc., the insurance group companies must develop emergency management and risk mitigation plans and strictly manage them.

AASTOCKSFeb 10 09:25

China announces significant news about Gold! The National Financial Regulatory Administration: to launch a pilot program for Insurance funds to invest in Gold Business.

The China National Financial Supervision Administration announced on Friday (February 7) that in order to expand the channels for Insurance fund utilization, optimize the structure of Insurance Assets allocation, and promote insurance companies to enhance their asset-liability management capabilities, a pilot program for investing Insurance funds in Gold will be initiated.

FX168Feb 8 10:17

China To Allow Insurance Companies To Invest In Gold

Business TodayFeb 8 10:06

CMB International: Maintains "Outperform the Market" rating for the domestic Insurance Industry, suggests paying attention to China Life Insurance (02628) during the equity upswing cycle.

Zhao Yin International expects that by 2025, the NBV growth rate of listed insurance companies will return to a mid-to-high single-digit to low double-digit level.

Zhitong FinanceFeb 7 11:54 · Ratings

Citi raises the Target Price of AIA Group (02328.HK) to 14.2 Hong Kong dollars and adjusts the earnings forecast.

Citi released a report updating the model for PICC P&C (02328.HK) to incorporate the profit forecast for the 2024 fiscal year and the latest operational trends. The firm has slightly raised the earnings per share estimates for the fiscal years 2024 to 2026 by 3%, 2%, and 2%, respectively. The Target Price has been increased from 13.7 yuan to 14.2 yuan to reflect the upward revision in the predicted equity return rate. The rating is "Buy."

AASTOCKSFeb 4 09:37

Zhongyuan Mortgage: In January, the mortgage registration for completed properties in Hong Kong reached a five-month high, with a substantial increase of 5.5 times in property pre-sale mortgages.

In January 2025, 4,030 registration cases of existing flat mortgages in Hong Kong were recorded, an increase of 2.6% compared to 3,928 cases in December 2024, reaching a new high over the past five months.

Zhitong FinanceFeb 3 21:05

In the property and casualty insurance industry, the original insurance premium income last year was approximately 5.7 trillion yuan.

Data released by the National Financial Supervisory Administration shows that in 2024, the original insurance premium income of the mainland insurance industry is approximately 5.7 trillion yuan. Among them, property insurance is 1.43 trillion yuan, and life insurance is 4.26 trillion yuan. In terms of payouts, the original insurance payout expenditure during the period is 2.3 trillion yuan. Among this, property insurance is 981 billion yuan, and life insurance is 1.32 trillion yuan. By the end of 2024, the total assets of the mainland insurance industry are 35.9 trillion yuan, with net assets of 3.32 trillion yuan.

AASTOCKSFeb 3 07:05

Express News | Minsheng Securities: The underwriting growth space for Electric Vehicles insurance is relatively large.

BreakingsJan 27 09:13

PICC P&C (2328.HK) is expected to have profits in 2024 increase by 20% to 40%.

The company announces the 2024 performance forecast: the net income attributable to the parent company is expected to increase by 20% to 40% year-on-year, in line with our expectation of 36.3%. The company's total investment income in 2024 is expected to significantly increase year-on-year, we believe,

HTSCJan 25 00:00

"30% of new insurance premiums entering the market": Four possible drivers of trillions in funds.

Direction is more important than the path.

wallstreetcnJan 24 18:46

PICC Property and Casualty Forecasts Up to 40% Boost in 2024 Profit

MT NewswiresJan 24 17:27

Express News | PICC P&C: Expected net income for 2024 to increase by approximately 20% to 40%.

BreakingsJan 24 16:55

PICC P&C: ANNOUNCEMENT ON ESTIMATED PROFIT INCREASE FOR THE YEAR 2024

HKEXJan 24 16:54 · Announcements

JPMorgan states that it will not chase short-term rebounds in life insurance stocks, preferring property and casualty insurance (02328.HK).

JPMorgan released a research report indicating that the mainland Insurance Industry should actively develop investment-linked insurance to enhance the sustainability of policies. Therefore, there will be no pursuit of a short-term rebound in life insurance stocks, and a preference for PICC P&C (02328.HK) is evident. JPMorgan pointed out that the State Council announced encouragement for state-owned insurance companies to allocate 30% of their total premiums to the A-share market. Considering the current low bond yield environment, increasing allocation to Stocks is understandable. The bank emphasized three points, namely the scope of asset allocation, existing stock market allocation, and private insurance companies. The current policy targets the additional asset allocation for annual premiums, rather than

AASTOCKSJan 24 11:50

It is expected that the investment funds from insurance and public funds entering the market will be considerable. Under the new policy/total premium basis, it is estimated that each year the insurance capital will increase its allocation to A-shares by 1

The report from Open Source Securities indicates that yesterday, the Central Financial Office and five other departments issued the "Implementation Plan for Promoting Long and Medium-term Funds to Enter the Market." This morning, the China Securities Regulatory Commission and four other ministries held a press conference. The related policy statements aim to positively boost confidence, clearly increase the allocation scale of A-shares, and extend the assessment cycle to address the "bottlenecks." It is expected that the incremental funds from insurance and public offerings in the mainland will be considerable: at the end of the third quarter last year, the balance of funds utilized by the insurance industry was 32.2 trillion yuan (RMB), with equity assets (stocks + funds + long equity investments) accounting for 20% in total. Assuming that the share of large state-owned insurance funds is 50%, based on the premium data for 2024, estimates for new policies/total premiums are...

AASTOCKSJan 23 15:07

Here comes the simplified version of the press conference highlights! Five ministries have made a significant statement, vigorously promoting the entry of medium- and long-term funds into the market.

The China Securities Regulatory Commission will further enhance the equity allocation capacity of medium to long-term funds, steadily expand the investment scale, and improve the funding supply structure of Capital Markets.

WindJan 23 10:35