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China Life Insurance (601628.SH): The current legal representative is Cai Xiliang.
According to the announcement by China Life Insurance (601628.SH) on December 23, the Chairman acts as the legal representative of the company based on the company's Articles of Association. Recently, the company has completed the registration procedures for the change of legal representative, and the current legal representative of the company is Mr. Cai Xiliang. Other registration items in the company's business license remain unchanged.
After long-term bonds fell below 2%, insurance funds shifted towards equity assets, with high dividend and high ROE being the top choices.
Recently, the yield on 30-year government bonds has fallen below 2.0%. Guosen believes that the central tendency of long-term bond rates continues to decline, and the pressure on investment income from insurance funds is further increasing. Since the beginning of this year, companies represented by Great Wall Life, China Pacific Insurance, and Ruizhong Life have been increasing their stakes in high-quality listed companies, mainly concentrated in industries such as utilities, transportation, and Banks, which have high dividend yields and relatively stable ROE levels.
A Closer Look At New China Life Insurance Company Ltd.'s (SHSE:601336) Impressive ROE
Those Who Invested in China Life Insurance (HKG:2628) a Year Ago Are up 59%
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.
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.
Huat Biggest : Because of the word CHINA