CHINA LIFE News

Express News | The State-owned Assets Supervision and Administration Commission: Establish a solid scientific Market Cap management concept to better maintain Capital Markets stability.

BreakingsDec 24 21:04

New China Life Insurance Unveils Board Structure

TipRanksDec 24 18:08

China Life Insurance (601628.SH): The current legal representative is Cai Xiliang.

According to the announcement by China Life Insurance (601628.SH) on December 23, the Chairman acts as the legal representative of the company based on the company's Articles of Association. Recently, the company has completed the registration procedures for the change of legal representative, and the current legal representative of the company is Mr. Cai Xiliang. Other registration items in the company's business license remain unchanged.

Gelonghui FinanceDec 23 16:19

National Financial Supervisory Administration: The transition period for the insurance company's solvency regulatory rules has been extended until the end of next year.

The National Financial Supervision and Administration Bureau announced that it has decided to extend the transitional period for the solvency regulatory rules (II) for insurance companies, originally set to end this year, until the end of next year. Among them, insurance companies that are significantly affected by the switch between the old and new rules regarding solvency adequacy ratios may communicate with the Financial Supervision Bureau and dispatched institutions about the transitional policy before January 15 next year. The Financial Supervision Bureau will determine the transitional period policy for each company by the end of February next year. The transitional period policy already enjoyed by a single insurance company will, in principle, not be better than the policy enjoyed by the insurance company in the last year of its original transitional period.

AASTOCKSDec 23 10:12

After long-term bonds fell below 2%, insurance funds shifted towards equity assets, with high dividend and high ROE being the top choices.

Recently, the yield on 30-year government bonds has fallen below 2.0%. Guosen believes that the central tendency of long-term bond rates continues to decline, and the pressure on investment income from insurance funds is further increasing. Since the beginning of this year, companies represented by Great Wall Life, China Pacific Insurance, and Ruizhong Life have been increasing their stakes in high-quality listed companies, mainly concentrated in industries such as utilities, transportation, and Banks, which have high dividend yields and relatively stable ROE levels.

wallstreetcnDec 23 09:16

Express News | China Life Insurance has invested 10.5 billion in a subsidiary of Ansteel Group.

BreakingsDec 23 08:54

Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.

① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.

cls.cnDec 20 21:27

Express News | The National Financial Supervision and Administration Bureau has published matters regarding the extension of the regulatory rules for Insurance company solvency supervision (II) transitional period.

BreakingsDec 20 17:36

The National Financial Regulatory Administration: Insurance companies engaging in Private Equity investment must pay attention to risks such as asset-liability mismatches.

The National Financial Regulatory Administration has formulated and issued the "Guidelines for the Application of Internal Control in Insurance Fund Operations (No. 4 - No. 6)", which mentions that when insurance companies engage in Private Equity, real estate investments, and financial product investments, they must at least pay attention to risks such as asset-liability mismatch risk, credit risk, market risk, liquidity risk, legal compliance risk, and operational risk. Furthermore, insurance companies should comply with relevant laws and regulations and regulatory requirements, establish a control mechanism for related party transactions covering underlying Assets, fulfill responsibilities related to the approval and information disclosure and reporting of related party transactions, and prevent Shareholders, actual controllers, Directors, supervisors, and senior management from exploiting related party transactions.

AASTOCKSDec 20 16:09

New China Life to Elect Directors at 2025 Meeting

TipRanksDec 18 17:10

Quick look at the Hong Kong market | All three major Indices closed higher, the Science and Technology Index rose nearly 2%; technology, Autos, and Biotechnology stocks climbed, with Li Auto rising over 5%, and Xiaomi Group and WUXI BIO rising nearly 3%.

Many Network Technology stocks are rising, XIAOMI-W is up 2.84%, Baidu Group-SW is up 1.74%; Semiconductor stocks are all rising, HG SEMI is up 7.64%, BEKE is down 2.78%; Autos stocks are climbing, LEAPMOTOR is up 6.42%, BRILLIANCE CHI is up 6.29%;

Futu NewsDec 18 16:22

Hong Kong stocks moved significantly | Mainland Insurance Companies rose in the afternoon as the booming auto sales drive high growth in auto insurance. Institutions indicate that auto insurance premiums are expected to further open up incremental space.

Mainland Insurance Companies rose in the afternoon. As of the time of writing, China Pacific Insurance (02601) is up 3.38%, priced at 24.45 HKD; CHINA TAIPING (00966) rose 2.06%, priced at 11.9 HKD; New China Life Insurance (01336) increased by 1.28%, priced at 23.8 HKD; China Life Insurance (02628) rose 1.24%, priced at 14.74 HKD.

Zhitong FinanceDec 18 13:38

Reemphasizing the Market Cap management of central state-owned enterprise listed companies! In the Hong Kong stock market, the Concept of valuation generally recovers, with China United Network Communications rising nearly 3%.

① What bullish policies for dividend stocks have been announced in the market since the beginning of this year? ② How do institutions view the current dividend stocks?

cls.cnDec 18 10:51

Major bank ratings丨CMB International: Maintain "Shareholding" rating for the insurance Sector. Bullish on China Pacific Insurance, China Life Insurance, Ping An Insurance and AIA.

Glory Financial reported on December 18 that this year, China's Insurance industry has entered a new stage of high-quality transformation under the protection of policies and a low-interest rate environment. Due to considerations of preventing interest rate risk, the regulatory authority has lowered the upper limit of life insurance pricing interest rates by 100 basis points within two years, starting this cycle of declining life insurance pricing rates. It is indicated that the property insurance industry, along with the rapid increase in the ownership and penetration rate of Electric Vehicles, is expected to further open up premium growth opportunities in car insurance; the introduction of innovative non-auto insurance products and the ongoing strengthening of regulatory risk reduction management lay a foundation for diversified operations and high-quality development in the industry. It is indicated that the current board.

Gelonghui FinanceDec 18 10:03 · Ratings

"Dai Hang" Zhaoyin International: Value growth shows signs of dawn, recommending 4 Insurance.

Zhao Yin International published a report indicating that this year, China's Insurance industry has entered a new stage of high-quality transformation under the protection of policies and a low-interest-rate environment. The Life Insurance Industry has adjusted the upper limit of the pricing interest rate for life insurance down by 100 basis points within two years to prevent the risk of interest rate loss, starting this downward cycle of life insurance pricing interest rates. The report indicates that the Property Insurance Industry is expected to further open up growth potential for auto insurance premiums, accompanied by the rapid increase in the number and penetration rate of Electric Vehicles. The launch of innovative non-auto insurance products and the continuous strengthening of regulatory risk reduction management will lay a foundation for diversified operation and high-quality development in the industry. In terms of investment, recent years have seen a decline in long-term interest rates and deposit

AASTOCKSDec 18 09:39

Service clients nearly 0.2 million. China Life Insurance promotes the personal Retirement system to accelerate its implementation.

On December 12th, the Ministry of Human Resources and Social Security, the Ministry of Finance, the State Taxation Administration, the Financial Regulatory Administration, and the China Securities Regulatory Commission jointly issued the "Notice on the Comprehensive Implementation of the Individual Pension System" (hereinafter referred to as the "Notice"). The Notice specifies that starting from December 15, 2024, workers participating in the urban employee basic Insurance or rural resident basic Retirement Insurance within China will be able to join the individual pension system, expanding the implementation of the individual pension system from the original 36 cities (regions) to nationwide, and further optimizing the product supply under the individual pension system.

China InvestorsDec 18 09:01

China Life Insurance Co. Renews Key Policy Agreement

TipRanksDec 17 18:07

China Life Insurance Reveals Executive Compensation Details

TipRanksDec 17 17:37

Express News | The State-owned Assets Supervision and Administration Commission: Central Enterprises should actively engage in mergers and reorganizations that are beneficial for enhancing investment value.

BreakingsDec 17 15:56

Express News | The State-owned Assets Supervision and Administration Commission (SASAC) of the State Council will focus on enhancing the investment value of centrally-held listed companies and strengthening investor returns as a long-term task.

BreakingsDec 17 15:50