Mainland insurance companies continue to rise, as of the time of writing, za online (06060) rose by 17.73%, to 15.54 Hong Kong dollars; new china life insurance (01336) rose by 11.83%, to 24.1 Hong Kong dollars; ping an insurance (02318) rose by 6.17%, to 51.55 Hong Kong dollars; china taiping (00966) rose by 3.80%, to 12.56 Hong Kong dollars.
According to the Zhongtong Finance and Economics APP, mainland insurance companies continue to rise, as of the time of writing, za online (06060) rose by 17.73%, to 15.54 Hong Kong dollars; new china life insurance (01336) rose by 11.83%, to 24.1 Hong Kong dollars; ping an insurance (02318) rose by 6.17%, to 51.55 Hong Kong dollars; china taiping (00966) rose by 3.80%, to 12.56 Hong Kong dollars.
In terms of news, recently, the Central Financial Office and the China Securities Regulatory Commission officially issued the "Guiding Opinions on Promoting the Entry of Medium and Long-Term Funds into the Market." With a focus on the overall goal of "more long-term money, longer long-term money, and better returns", it emphasizes three measures: building and nurturing the capital markets ecosystem that encourages long-term investment, vigorously developing equity public funds, and focusing on improving various policies and systems supporting the entry of medium and long-term funds into the market.
Lu Yanjun, Director of the Personal Insurance Regulatory Department of the China Banking and Insurance Regulatory Commission, stated at the State Council's regular policy briefing that insurance funds are relatively typical medium to long-term funds. Next, the China Banking and Insurance Regulatory Commission will continue to optimize the regulatory policies for the use of insurance funds, guide insurance companies to improve internal long-term assessment mechanisms, increase investment in strategic emerging industries, advanced manufacturing, new infrastructure and other areas, to better serve the development of new productive forces.
Guolian Securities released a research report stating that, based on China's actual situation, with ongoing regulatory guidance requiring insurance companies to reduce product pricing rates and demanding strict compliance with the "separation of banking and insurance" in the bank-insurance channels and broker channels, insurance companies' liability costs are expected to decrease. Against this background, insurance companies' investment yield is expected to better cover liability costs, and the risk of interest spread losses faced by insurance companies is also expected to be alleviated.