Repositioning of Insurance Capital in Equity Investments: Record-High Exposure, More Rational Allocation, and a Shift Toward Core Sectors

1. The balance of insurance funds under utilization surpassed RMB 40 trillion, representing a year-on-year growth rate of 12.7%; 2. Equity allocations continued to hit record highs, with the pace of additional positioning slowing amid market structural divergence; 3. Insurance fund allocation strategies will gradually evolve into a barbell framework, combining a core position in high-dividend assets with satellite exposures in technology sectors.

cls.cn19:16

AIA Group Stock Climbs 4.3% in Hong Kong

Dow Jones16:31

中國人壽：董事會會議通告

HKEX16:30 · Announcements

Zhitong HK Stock Investment Log | August 14

Hong Kong Stock Market Investment Log | August 14, 2026

Zhitong FinanceAug 14 00:00

[Hong Kong Property] Reports indicate that a large retail unit at the China Life Centre in Hung Hom has been leased to an international school for HK$1 million per month; the space previously served as a sales gallery for a new residential development.

Market sources indicate that the entire commercial retail space of Block B, China Life Centre, on Hong Luan Road in Hung Hom, has recently been leased to an international school at a monthly rent of approximately HK$1 million, equivalent to roughly HK$28 per square foot. The property was previously used as the sales office and show flats for the new Kai Tak waterfront luxury residential development, "The Grand Victoria." The leased premises in Block B of China Life Centre cover an area of approximately 36,000 square feet. This substantial retail unit had formerly served as the sales center and demonstration units for "The Grand Victoria." Market sources revealed that the property was successfully sublet recently at a monthly rent of around HK$1 million, with the new tenant being an international school intending to establish its first campus in Hong Kong at this location.

AASTOCKSAug 13 12:45

Zhongtai Securities: Dividends and Universal Life Insurance Returns Face "Capped Upside and Bottoming Pressure," Balancing Prudent Operations with Spread Risk

The rebalancing of liquidity conditions is expected to continue, with sector performance in August likely to sustain the relative and absolute return contributions seen in July.

Zhitong FinanceAug 13 10:10