Hong Kong stocks movement | Mainland Insurance Companies dropped across the board, government bond Futures expanded their afternoon gains. Institutions claim that the subsequent performance of insurance companies on the liability side may show significant

Mainland Insurance Companies fell across the board. As of the time of writing, New China Life Insurance (01336) dropped by 6.91%, trading at 28.95 HKD; China Pacific Insurance (02601) decreased by 5.51%, trading at 24.85 HKD; China Life Insurance (02628) fell by 5.42%, trading at 16.06 HKD; The People's Insurance (01339) declined by 4.85%, trading at 4.32 HKD.

Zhitong FinanceMar 20 02:57 ET

China Life Insurance (02628.HK) received a Shareholding increase of 18.7895 million shares.

On March 20, Glonghui reported that according to the latest disclosure of interests from the Stock Exchange, on March 14, 2025, China Life Insurance (02628.HK) was increased by FMR LLC by 18.7895 million shares at an average price of HKD 16.6245 per share, involving approximately HKD 0.312 billion. After the increase, FMR LLC's latest shareholding number is 388,450,825 shares, with the shareholding ratio rising from 4.97% to 5.22%.

Gelonghui FinanceMar 19 19:08 ET

Debt-for-equity Swaps have nearly doubled the returns of SPIC Industry-Finance Holdings in nuclear energy over five years, and China Life Insurance has raised stakes in SPIC Industry-Finance Holdings looking to establish an exit route.

① In 2018, China Life Insurance entered the electric investment in nuclear energy in the form of 8 billion in Debt-for-equity Swaps to ease the financial burden. The latest asset valuation of electric investment in nuclear energy is 57.123 billion yuan, and the value of shares held by China Life Insurance has reached 15.2 billion. In just five years, the returns have nearly doubled. ② Industry insiders believe that China Life Insurance initially held equity in real enterprises in a phased manner through Debt-for-equity Swaps, and now it can exit normally, obtaining shares of the listed company.

cls.cnMar 19 02:53 ET

[Brokerage Focus] CITIC SEC: The Insurance Sector currently shows characteristics of a slow bull market, suggesting a medium to long-term layout.

Jinwu Finance News | CITIC SEC states that the bank believes that Insurance stocks in China are beginning a slow bull market. The reasons include: 1) The supply side is significantly clearing out, and life insurance business, especially the Silver insurance business, is continuously concentrating on leading companies. 2) The demand side is oriented towards the Fixed Income market, and in a low-interest-rate environment, similar competitive products have lost their relative competitive advantage. Over the past three years, insurance companies have occupied the market through traditional insurance, and in the future, they will meet market demand through dividend insurance. 3) Listed leading insurance companies are adopting differentiated competition strategies, bravely leading the trend, and showcasing their respective capability advantages. 4) The government has clearly set the CPI target for 2025 at around 2%, but long-term expectations and estimates...

Jinwu Finance NewsMar 16 20:40 ET

China Life Insurance Schedules Board Meeting for 2024 Results

TipRanksMar 14 04:54 ET

China Life Insurance (02628.HK) held a Board of Directors meeting on March 26 to consider and approve the annual performance.

Glory Financial reports on March 14 that China Life Insurance (02628.HK) has announced a Board of Directors meeting scheduled for March 26, 2025 (Wednesday) to consider and approve the company's final performance for the year ending December 31, 2024, as well as to propose the payment of a final dividend and address any Other matters.

Gelonghui FinanceMar 14 04:35 ET