No Data
No Data
Quick look at the Hong Kong market | All three main indices are up, the Hang Seng Index rose 1.23%; Chinese brokerage and semiconductor stocks performed strongly, with GUOTAI JUNAN I soaring over 198% and Semiconductor Manufacturing International Corporat
Network Technology stocks rose together, JD-SW increased by 2.53%, Alibaba-W rose by 2.48%; semiconductor stocks saw gains, CE HUADA TECH fell by 14.81%, Semiconductor Manufacturing International Corporation rose by 5.64%; casino and Macau Casino stocks increased, SANDS CHINA LTD rose by 5.99%, and Galaxy Entertainment increased by 5.41%.
How much insurance was purchased from the Bank?
Changjiang Securities stated that as of June 20, among the 19 stake acquisitions by insurance companies for 2025, 9 involved Bank stocks, with 7 being Hong Kong Bank stocks. In terms of holding size, the reference market value held by insurance Institutions in A-share Bank stocks reached 265.78 billion yuan; among the 7 Hong Kong Bank stocks with a high weight in the Hang Seng Financial Index, the market value held by insurance Institutions exceeded 560 billion yuan, accounting for about 20% of the total insurance Stocks holdings, indicating a relatively high concentration.
Market Quick Look | All three major Indices rose, with the Tech Index up 2.14%; Apple Concept and Chinese brokerage stocks performed strongly, COWELL rose over 7%, and China Galaxy rose nearly 9%.
Network Technology stocks rose, XIAOMI-W increased by 3.74%, KUAISHOU-W rose by 3.12%; insurance stocks performed brilliantly, Ping An Insurance increased by 5.16%, PICC GROUP rose by 4.98%; Apple Concept stocks all increased, TONGDA GROUP rose by 13.10%, COWELL increased by 7.20%.
Insurance stocks have risen significantly, with a continuous wave of insurance capital being raised this year. Institutions indicate that the insurance Sector is expected to fluctuate upward in the future.
In terms of news, the wave of insurance shares acquisitions continues in 2025.
Hong Kong Stock Market Midday Review | Ceasefire between Israel and Hamas! All three major Indexes rose, with the Tech Index up by 2.28%; the performance of tech and Cars stocks was impressive, with Xiaomi rising nearly 4% and LEAPMOTOR rising nearly 6%.
Network Technology stocks all rose, XIAOMI-W increased by 3.74%, NTES-S rose by 2.74%; Car stocks all rose, LEAPMOTOR increased by 5.72%, LI Auto-W rose by 4.74%; Apple Concept stocks generally rose, COWELL increased by 4.47%, Q TECH rose by 4.18%.
Sixty percent of insurance Institutions plan to increase their investment scale in Hong Kong stocks by 2025. Hong Kong is the preferred market for foreign investment by insurance funds.
Research shows that 63% of Institutions plan to increase their investment scale in Hong Kong stocks by 2025, mainly through the Stock Connect program to increase investments in Hong Kong stocks. In 2024, the balance of overseas investments by insurance funds is 76.1 billion USD, equivalent to 569.5 billion yuan. In 2024, the balance of investments by insurance funds in the Hong Kong market accounts for 51% of the total overseas investment balance, making it the preferred market for overseas investments in Stocks and Bonds.