The first insurance private equity fund's top stock holdings have been revealed, with over 100 billion RMB in long-term funds "on the way".

With the release of the first quarter report of A-share listed companies in 2025, the A-share holdings of China's first insurance-related private equity securities fund - the Honghu Zhiyuan Private Equity Securities Investment Fund have also emerged. Data from Wind Information shows that by the end of the first quarter, Honghu Zhiyuan had a heavy position in 3 A-share stocks. At the same time, the second batch of insurance-related private equity securities funds is advancing rapidly. Industry analysts believe that as these approved funds enter the market one after another, they will bring about a total of approximately 112 billion yuan in long-term incremental capital to the capital market.