4 billion! China Life Insurance founded a fund in Zhuhai.

①China Life Insurance is the largest shareholder of the Zhuhai New Fund, with a contribution of 4 billion yuan. As of now, including China Life Insurance, China Pacific Insurance, Ping An Life Insurance, and PICC Property and Casualty Co., Ltd., various insurance funds have made investments in the Greater Bay Area. ②Behind the insurance funds investing in the Greater Bay Area is the South China Greater Bay Area concept as a national strategic policy, with insurance funds supporting and responding to the national strategy.

cls.cnSep 26 11:33 ET

The 'Action Plan' for promoting the entry of medium and long-term funds into the market is released! Each of the five major categories of long money has its own arrangement.

1. "Long-term and long-term investment" has received guiding opinions, with two departments offering three major measures; 2. What are the obstacles for mid-to-long-term funds entering the market? How to break through? Each of the five categories of funds has new highlights.

cls.cnSep 26 07:47 ET

Ping An Insurance's Xie Yonglin: Insurance capital is a prerequisite for becoming patient capital, and industry reform and innovation are still needed to enhance the long-term investment quality and effectiveness.

In Xie Yonglin's view, "long cycle", "high stability" and "large scale" are the three important characteristics of insurance funds, which also constitute the prerequisites for patient capital. Compared with other patient capital, the actual use of insurance funds also faces three major challenges.

cls.cnSep 20 02:32 ET

Less than six months, China CITIC Bank once again promoted internal cadres. Gu Lingyun, 46, was appointed deputy president, becoming the youngest executive at the level of joint-stock banks.

After appointing He Jinsong as the Vice President on May 23, the board of directors of china citic bank corporation promoted another Vice President internally. The current Chairman of the Board of Directors, Fang Heying, also started at the Hangzhou Branch of china citic bank corporation, and has a similar experience to Gu Lingyun.

cls.cnSep 19 09:24 ET

The gold price soaring caught the banks by surprise. Agricultural Bank of China announced that the minimum purchase point for accumulated gold is linked to the floating gold price. More than 10 banks have raised their purchase thresholds within the year.

On September 18th, the Agricultural Bank of China announced on its official website that the starting point for purchasing the Bank's Cunjin Tong No.2 will be adjusted to fluctuate with the price of gold. This is the first bank this year to link the purchase point of cumulative deposits to the price of gold. There have been about 10 large banks that have announced an increase in the starting point for purchasing cumulative deposits this year, but they are mostly concentrated in the first half of the year. If gold continues to be strong, it is not ruled out that more banks will follow suit and continue to adjust the starting point for purchasing cumulative deposits.

cls.cnSep 19 00:40 ET

Wang Huili, Bank of Nanjing: City commercial banks need to focus on the construction of technology finance ecosystem, and provide services for the entire process, entire lifecycle, and entire range of products.

①The 'Five Major Articles' is a national strategy, and the active embrace and integration of the financial industry is a gradual process. ②Bank of Nanjing focuses on building an ecosystem. In addition to the advantages of the 2.0 version, it also plans to integrate upstream and downstream resources of technology-based enterprises to provide services for the entire process, lifecycle, and product.

cls.cnSep 14 11:29 ET