During the third round of the takeover tide by risky capital: chasing high dividend assets and sweeping banking stocks.

According to statistics, as of the end of May, seven insurance companies have launched a total of 15 takeover attempts this year, surpassing not only the total number of takeovers in 2023 but also the number of takeovers in the first nine months of 2024. In the past decade, the insurance industry has seen three waves of takeover frenzy, with the first two waves occurring in 2015 and 2020, and the third wave starting in 2024. In terms of the targets of insurance funds' takeover attempts, the listed companies targeted by insurance companies this year include Postal Savings Bank of China, China Merchants Bank, Agricultural Bank of China, Hangzhou Bank, CITIC Bank, Beijing Holdings, State Grid Corporation of China, Eastern Air Logistics, China RU'YI, China Water Affairs, China Datang Corporation Renewable Power Co., Ltd., and China Shenhua Energy Company, with 9 of these stocks being H-shares. In terms of the industries where the targets are located, banking stocks have been targeted the most, with other industries including utilities, energy, and transportation also being affected.