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