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.
Southeast Asian stock markets are strong! Global capital continues to pour in, how to seize this wave of market trends?
After experiencing the 'Black Monday' on August 5th, major stock indices in the Asia-Pacific region rebounded significantly, with Southeast Asian stock markets performing particularly well. Southeast Asian stock markets have consolidated their position as the most favored investment symbol for fund managers during the shifting policy of the Federal Reserve.
Hong Kong stock opportunity tracking | Taobao officially integrates WeChat Pay; China Longyuan Renewable Energy's power generation from wind power is expected to increase by more than 90% this year.
China Resources Land's sales exceeded 150 billion yuan in the first 8 months; China Eastern Airlines' H shares received cumulative shareholding of over 0.1 billion shares from the controlling shareholder; OpenAI has released an AI model with reasoning capabilities.
The third "国十条" of the insurance industry has activated the trillion-dollar retirement financial market. The direction of the development of the three-pillar retirement insurance has been determined!
① Vigorously develop commercial insurance annuities to meet the diversified retirement protection and long-term financial planning needs of the public; ② Encourage the development of new products and exclusive products that adapt to the individual pension system; ③ Support pension insurance companies in conducting commercial pension business and promote the development of exclusive commercial retirement insurance.
Express News | The State Council issued the "Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of the Insurance Industry."
Express News | The FTSE Straits Times Index opened 0.15% higher, and the Singapore Exchange rose nearly 3%.
Hong Kong stock opportunities tracking | Alibaba's first day of inclusion in the Hong Kong Stock Connect saw a surge in trading volume of over 10 billion yuan; BYD has recently seen multiple executives increase their shareholding.
The European Union is considering lowering the proposed tariffs on electric vehicles from China; Sino-Ocean Group announced progress in debt restructuring.
Express News | The Straits Times Index opened 0.34% higher, with Singtel and Hongkong Land Holdings rising more than 1%.
Stock opportunities tracking | 33 stocks including Alibaba officially included in stocks connect today, guotai junan i will resume trading today
Longfor Group (00960.HK): Accumulated contract sales of 65.14 billion yuan in the first 8 months, with sales of 6.51 billion yuan in August; China Jinmao (00817.HK): Accumulated contract sales of 56.396 billion yuan in the first 8 months, with sales of 6.196 billion yuan in August; Tencent (00700.HK): Invested 1.003 billion Hong Kong dollars to repurchase 2.72 million shares, with a repurchase price range of 365.4-371.2 Hong Kong dollars.
Hong Kong stock opportunity tracking | Hong Kong Exchange may suspend trading all day today; "Carrier-level" broker is coming! GTJA and Haitong Sec will merge and reorganize.
Nio Inc: In the second quarter, revenue increased by 98.9% year-on-year, and the loss narrowed significantly by 16.7% year-on-year; Greentown China's sales in the first 8 months exceeded 160 billion yuan; SHK PPT's profit dropped by approximately 20% in the last fiscal year.