Lates News

The Hong Kong Stock Exchange disclosed that at the end of August, China Ping An successively bought H shares of China Taibao and China Life, with the holding ratios of H shares of the two insurance companies surpassing 8%, less than one month after crossing the 5% shareholding threshold. China Ping An continues to increase its holdings of insurance stocks, a move interpreted by the market as releasing positive signals and reflecting the consensus among insurance companies that the industry's fundamentals have bottomed out and are improving. Several senior executives of listed insurance companies have recently stated that A shares have long-term value for investment, and they will steadily increase their allocation of equity assets, continuously optimize their equity asset allocation, strengthen their equity investment strategies, and enhance the stability of investment performance. (Securities Times)