Four executives have new positions, and Ping An Insurance has made adjustments to some executive roles.

Fu Xin also serves as the Chief Financial Officer, Fang Fang concurrently acts as the Chief Risk Officer, and Zhang Zhichun takes on the role of General Assistant and is responsible for auditing.

wallstreetcnDec 24, 2024 05:58 ET

Rescue or 'bottom fishing'? Four insurance companies have acquired 15 Wanda Assets this year.

New China Life Insurance (601336.SH) has taken over another Wanda Assets. According to Tianyancha information, Wanda Plazas in Chifeng and Jinjiang have already occurred...

wallstreetcnDec 23, 2024 04:54 ET

Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."

① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.

cls.cnDec 11, 2024 09:12 ET

Last night, china assets went "crazy."

Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.

wallstreetcnDec 9, 2024 19:27 ET

For the first time in five years, an insurance company holds a stake in a brokerage! Insurance funds are taking action at the end of the year.

Insurance funds are "very busy".

wallstreetcnDec 5, 2024 01:59 ET

New China Life Insurance acquired a stake in haitong sec's H shares, marking the first time in five years that an insurance institution has taken a stake in a listed brokerage, and it is still buying shares after the acquisition.

① New China Life Insurance announced today that it has made a significant investment in Haitong Sec listed in Hong Kong, with the latest announcement showing a shareholding ratio of 5.4846%. ② According to data from the industry association, this is the first time this year that insurance funds have taken a stake in brokerage stocks. It is also the first time in five years that they have taken a stake in brokerage stocks. ③ The latest announcement from yesterday (December 3) shows that New China Asset is still continuing to buy, having acquired 8 million shares of Haitong Sec on December 2 at a price of 7.0024 HKD per share.

cls.cnDec 4, 2024 05:26 ET