Li Yunze: Supports insurance institutions that meet the conditions to establish new securities investment funds. Currently, many insurance companies have submitted relevant applications.
Li Yunze expressed support for financial assets investment companies to play a greater role in supporting technology innovation. Currently, the scale of the latest batch of 18 pilot cities' intention agreements has exceeded 250 billion yuan.
The People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission: will implement two new tools, the convenient exchange of securities, funds, and insurance companies, and the share buyback a
On the morning of October 16, China's central banks, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly held a forum for major financial institutions.
Investment performance is good! China Life, PICC, and Ping An have all announced positive profit forecasts. The net profit for the first three quarters is expected to increase by over 60%. Many overseas asset management companies are bullish on insurance
①Four listed insurance companies have announced good news, with the net income attributable to the mother increasing by more than 60% in the first three quarters; ② On October 16, international investment banks raised the target price of multiple insurance stocks; ③ In the past month, jpmorgan has repeatedly increased its shareholding in Ping An, while blackrock has increased its position in China Life and PICC.
How about the participation of 500 billion tool insurance in the convenience tool insurance? Head insurance companies speak out, strengthen policy details research, and fully utilize the tool.
China Life Insurance stated that it is necessary to strengthen the research on policy details, fully utilize the convenient exchange tools. It is also important to formulate investment and financing strategies that are in line with its own characteristics and requirements based on its own actual situation in terms of assets and liabilities structure, solvency constraints, medium- to long-term allocation strategies, stability requirements for returns, equity allocation ratios, and flexibly utilize the convenient exchange tools.
Express News | The FTSE Straits Times Index in Singapore closed up 0.56%, with the Singapore Exchange up nearly 2%.
Daily Bull and Bear | Hang Seng Index fell sharply yesterday, with a bull ratio as high as 83%; Ping An Insurance dropped more than 15%, with Ping An Bear certificates making a profit 9 times.
On Tuesday, the Hong Kong stock market experienced severe volatility and a significant number of profit-taking closures, with the Hang Seng Index dropping 2172.99 points or 9.41%, reaching a high of 22902.36 and a low of 20762.82, closing at 20926.79 points, wiping out all gains since October.
Daily Bull and Bear | Hang Seng Index breaks through the 23,000 mark, with a bull certificate ratio as high as 79%; Fosun Pharma surged 15%, with subscription warrants earning more than 10 times the investment.
On Monday, the hang seng index closed at 23099.78, the night session closed at 23169 points, down 25 points; in terms of capital trend, the hang seng index had a net inflow of 88 million Hong Kong dollars in the long positions and a net inflow of 44 million Hong Kong dollars in the short positions; the top four stocks with inflow of funds in long positions are: China Life Insurance, Ping An Insurance, Alibaba, and Industrial and Commercial Bank of China.
Express News | Straits Times Index rose by 0.33%, Sia increased by more than 2%.
Hong Kong A shares are collectively active! A-share trading volume exceeded 1 trillion in 35 minutes. How do you view this round of "policy big gift package"?
After 35 minutes of trading, the trading volume in Shanghai, Shenzhen, and Beijing has exceeded 1 trillion yuan, up over 400 billion yuan from the previous trading day's volume, with Shanghai's trading volume at 439.2 billion yuan, Shenzhen's at 557.9 billion yuan, and Beizheng 50's at 5.9 billion yuan, breaking the fastest trillion-dollar record in history.
Express News | FTSE Straits Times Index fell by 0.25%, while Wilmar Intl rose by more than 7%.
Patient Capital speeds up layout! Within the year, the holdings of China Life, Ping An and other insurance funds have exceeded 50 billion, breaking the puzzle of long-term and long-lasting investment system.
①On September 24, China Life Insurance invested 4 billion yuan to establish a private equity fund in Zhuhai; ②On September 25, Taiping Insurance participated in the investment of an equity fund under Yingshan Capital; ③The institutional barriers to long-term investment of insurance funds are being addressed.
The central bank has launched two measures at the same time! The reserve requirement ratio is reduced by 0.5 percentage points, and the 7-day reverse repurchase operation interest rate is lowered by 20 basis points.
Starting from September 27, 2024, the reserve requirement ratio for financial institutions is reduced by 0.5 percentage points. After this reduction, the weighted average reserve requirement ratio for financial institutions is approximately 6.6%.
Major new policies are coming! Establishing private equity, creating convenient tools to support the stock market... Insurance funds are currently under research.
On September 24, the content of the One Line One Bureau One Meeting at the State Council Information Office press conference has attracted attention from various market participants. As representatives of long-term funds and patient capital, promoting insurance and other long-term funds to support the stable development of capital markets has become an important focus.
Capital markets are getting a fresh boost! The central bank has set up a special refinancing facility for securities, funds, insurance companies to facilitate share buybacks and shareholdings, which can only be used for investing in the stock market.
1. Establish convenient exchanges between securities, funds, and insurance companies, support eligible securities, funds, and insurance companiess to obtain liquidity from the central banks through asset pledge, which will significantly enhance their funding and shareholding capabilities; 2. Establish a special re-lending facility for share repurchases and shareholdings, encourage banks to provide loans to listed companies and major shareholders, and support share buybacks and shareholdings.
What signal does it send when two insurance companies repurchase stocks in one day? This year, many cases of repurchasing stocks for cancellation are considered important means to enhance intrinsic value.
①Ping An's current buyback plan is part of the 2024 long-term service plan, aimed at rewarding and retaining core personnel; these actions can be seen as employee benefits and a commitment to shareholder value; ②Industry insiders say that stock buybacks and cancellations have become an important means for many companies to enhance intrinsic value.
Express News | The FTSE Straits Times Index in Singapore opened flat, while Mapletree Industrial Trust fell nearly 2%.
Announcement Selection | cspc pharma plans to repurchase up to 5 billion Hong Kong dollars of shares; Sun Insurance: Sunshine Life Insurance premium income from January to August is 66.384 billion yuan
China Railway Signal & Communication Corporation (03969.HK) won a total of approximately 2.9 billion yuan worth of projects from July to August; Tencent (00700.HK) spent 1.002 billion Hong Kong dollars on repurchasing 2.6 million shares on September 19; Alibaba-SW (09988.HK) spent 59.977 million US dollars on repurchasing 5.678 million shares on September 18.
Express News | The Straits Times Index opened down 0.06%, and Mapletree Industrial Trust fell more than 1%.
The bond bull market with dividend overlay, the insurance industry's "investment side" finally sees a warming trend.
Only in the first half of 2024, five mainland insurance companies listed on the Hong Kong stock market have already exceeded 90% of last year's annual net profit attributable to shareholders.
The chain reaction of the Fed's interest rate cut: small cap stocks are highly favored.
Many smaller AI sector stocks in the Asian market are relatively few, so their valuations are not expensive; coupled with the dovish turn of the Federal Reserve, which has pushed up the currencies of these Asian countries, some central banks have room to lower interest rates and implement loose policies to support economic growth.