How to Capitalize on the Ongoing Bull Market for Chinese Stocks

Noah JohnsonOct 1 03:32 ET

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

Capital markets are getting a fresh boost! The central bank has set up a special refinancing facility for securities, funds, insurance companies to facilitate share buybacks and shareholdings, which can only be used for investing in the stock market.

1. Establishing securities, fund, and insurance companies to facilitate mutual exchange, supporting eligible securities, fund, and insurance companies to obtain liquidity from the central bank through asset pledging, significantly enhancing the ability to raise funds and shareholding capabilities in stocks; 2. Establishing a special refinancing facility for share buyback, guiding banks to provide loans to listed companies and major shareholders, supporting share buybacks and shareholding in stocks.

cls.cnSep 23 22:59 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

China Life Insurance has been approved to issue capital replenishment bonds of no more than 35 billion. There is still room for the issuance of additional subordinated bonds by insurance companies this year.

China Life Insurance fully redeemed the 35 billion yuan capital supplementary bonds issued in 2019 on March 22; Insurance companies may replace high-interest capital supplementary bonds with low-interest new capital supplementary bonds; The raised funds will be used to supplement the company's subsidiary Tier 1 capital and support the continued steady development of its business.

cls.cnSep 19 07:57 ET