"Insurance buying insurance" staged again, the logic of insurance funds increasing their allocation to equity assets emerges.
The disclosure of information by the Hong Kong Stock Exchange shows that at the end of August, China Ping An successively bought shares of China Taiping H shares and China Life H shares, with the holding ratio of both insurance companies' H shares exceeding 8%, less than 1 month after previously surpassing the 5% triggering line. China Ping An continues to increase its holdings of insurance stocks, which the market interprets as releasing a positive signal, reflecting the consensus of the insurance industry on the improvement of its own industry fundamentals. Several executives of listed insurance companies recently stated that A-shares have long-term investment value and they will steadily increase equity asset allocation, continuously optimize equity investment strategies, and enhance the stability of investment performance.
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