HK Stock Market Move | China Pacific Insurance (02601) rose more than 5% in the afternoon. The company will continue to invest in technology and growth areas, and plans to implement a mid-term profit distribution scheme.

China Pacific Insurance (02601) rose more than 5% in the afternoon, rising 3.82% as of the time of publication, to 29.38 Hong Kong dollars, with a market value of 2.34 billion Hong Kong dollars. On the news front, on July 20th, China Pacific Insurance released an announcement, expressing firm belief in the long-term positive fundamentals of the Chinese economy and optimistic about the development prospects of the Chinese capital market. The company adheres to the investment philosophy of "value investment, long-term investment, prudent investment, responsible investment," and sees long-term value in the allocation of Chinese equity markets. This year, the company has continued to leverage the advantages of insurance fund long-term investment and increase equity allocation. In the future, it will continue to invest in stocks and ETFs in the fields of technology growth, consumer goods, new energy, etc., to support the cultivation and development of new productive forces, and be a truly patient capital in the market. The announcement stated that the company firmly implements its existing profit distribution policy, optimizes the frequency of dividends, and continues to return value to shareholders. In 2026, the company will focus on optimizing the dividend pace, actively preparing for the mid-term profit distribution work, and according to the resolution of the 2025 shareholders' meeting, authorize the board of directors to decide on the mid-term profit distribution plan for 2026, enhancing the stability, continuity, and predictability of dividends, further enhancing investor confidence.