At the end of the year, large insurance capital takes action!

According to public information: on December 4th, new china life insurance took a stake in haitong sec listed in hong kong, marking the first time this year and also the first time in five years that insurance capital has taken a stake in a listed brokerage.

History repeats itself.

On December 5th, insurance capital took new actions targeting high dividend Hong Kong stocks.

As a representative institution of long-term capital, why does insurance capital take such high-profile actions at the end of the year?

New china life insurance takes action!

According to the official website of new china life insurance, on November 28th, the company increased its shareholding in haitong sec by buying 4 million shares of the unrestricted circulating H shares through a concentrated bidding transaction in the secondary market.

The shares purchased by new china life insurance mentioned above account for 0.12% of the issued H share capital of haitong sec, with the related trade completed through the Hong Kong Stock Connect channel. As of November 28, new china life insurance holds a book balance of 1.065 billion yuan in haitong sec H shares.

(As shown in the above image) After this increase, new china life insurance holds 0.171 billion Haitong SEC H shares, approximately 5.02% of the listed company's H share capital, up from 4.90% previously.

Following the latest changes in equity, new china life insurance has taken a stake in Haitong SEC's H shares.

It is worth noting that the party participating in this stake in Haitong SEC's H shares is new china life insurance asset management co., ltd, while the related party, new china life insurance asset management (Hong Kong) co., ltd, did not participate in this increase.

From this, the source of funds for new china life insurance's stake can be observed.

New china life insurance continues to strive forward, purchasing an additional 8 million Haitong SEC H shares on December 3 after reaching the stake threshold, increasing the latest proportion to 5.7192%.

Zhitang found that this is the third time in 2024 that new china life insurance has increased its shareholding in listed companies, following its previous stake increases in china national medicines corporation and sh pharma, with all three occurrences happening within the past month.

This is the first time in five years that insurance funds have increased their stake in brokerages.

The last time an insurance institution increased its stake in a listed brokerage was in April 2019, when china life insurance group increased its stake in swhy listed in hong kong.

In other words, new china life insurance's increase in shareholding in haitong sec marks the first time in five years that insurance funds have targeted brokerages.

According to statistics from the china insurance industry association, as of now in 2024, there have been 16 cases of insurance funds increasing their stakes, involving medical, eco-friendly concept, public utilities, electric equipment, banks, and other industries.

Insurance funds have been very active in increasing their stakes.

On December 5, china pacific insurance disclosed the situation of increasing its stake in cosco ship engy listed in hong kong: as of November 29, this insurance fund and its concerted actors held 5.04% of the H shares, corresponding to a book value of approximately 0.358 billion RMB.

The announcement also disclosed the sources of funds involved, which include the company's own funds and insurance reserve funds.

China Pacific Insurance previously acquired shares in Huadian International Power listed in Hong Kong in August of this year.