Ping An: Will fully leverage the advantages of insurance funds as patient and long-term capital to firmly support the development of the capital market.
Ping An announced that, in order to further support the development of the capital markets and bolster investor confidence, the Company hereby provides the following statement: I. Fully leverage the advantages of insurance funds as patient and long-term capital to firmly support the development of capital markets As a large integrated financial group and a key participant in the development of capital markets, the Company is highly confident in China’s economic outlook and remains steadfastly optimistic about the long-term value of China’s capital markets. The Company will further harness the strengths of its substantial long-term capital base, flexibly employ a range of integrated financial instruments and investment strategies, and continue to increase investments in strategic emerging industries, advanced manufacturing, new infrastructure, and value-oriented assets, thereby demonstrating the responsible role expected of patient capital. II. Maintain a stable and sustainable cash dividend policy to share
Express News | Five major insurance asset managers jointly voice strong support for capital market development
Express News | Ping An: Actively Preparing for Interim and Annual Profit Distribution
Insurance stocks listed on the A-share market extended their gains in the afternoon: China Pacific Insurance rose more than 6%, and Ping An gained over 4%.
Gelonghui, July 20 | Insurance stocks in the A-share market extended their gains in the afternoon session. China Pacific Insurance rose more than 6%, Ping An and China Reinsurance climbed over 4%, New China Life gained more than 3%, and China Life advanced over 2%. At midday, China Pacific Insurance stated that the company will continue investing in equities and ETFs focused on technology growth, consumer sectors, and new energy, supporting the cultivation and development of new quality productive forces and acting as truly patient capital in the market.
Hong Kong Stock Market Movement | Mainland Insurance Stocks Rise Again as Profitability and Dividend Expectations Improve; China Reform Holdings and Chengtong Group Announce Over RMB 60 Billion in Additional Purchases of Central SOEs
Mainland insurance stocks rose again. As of the time of writing, New China Insurance (01336 HK) was up 5.03% at HK$46.80; China Insurance Property & Casualty Company (01339 HK) gained 2.97% to HK$5.20; China Life Insurance (02628 HK) climbed 2.49% to HK$27.14; and Ping An (02318 HK) advanced 2.29% to HK$55.85.
ZHITONG Hong Kong Short Position Holding Statistics | July 18
GTJA Hong Kong Short Position Holdings | July 18