Major Chinese Insurers Pledge Support for Capital Market Development

Deep News07-20

On July 20th, three leading Chinese insurance institutions, Ping An Insurance (Group) Company Of China, Ltd. (SHSE: 601318), China Pacific Insurance (Group) Co., Ltd. (SHSE: 601601), and The People'S Insurance Company (Group) Of China Limited (SHSE: 601319), made successive announcements expressing their support for the development of the capital market.

Ping An's Strategic Investment Focus

In its announcement, Ping An stated that as a large comprehensive financial group and a significant participant in the capital market, the company has full confidence in China's economic prospects and firmly believes in the long-term value of the Chinese capital market. The company will further leverage its advantages as a large-scale, long-term investor, flexibly utilize a variety of comprehensive financial instruments and investment strategies, and continue to increase investment in strategic emerging industries, advanced manufacturing, new infrastructure, and value-oriented assets. For 2026, the company will maintain its stable and sustainable cash dividend policy and philosophy, and actively prepare for interim and annual profit distributions.

CPIC's Commitment to Thematic Investments

CPIC released an announcement expressing its firm belief in the long-term positive fundamentals of the Chinese economy and its confidence in the development prospects of the Chinese capital market. Adhering to the investment philosophy of "value investing, long-term investing, prudent investing, and responsible investing," the company is optimistic about the long-term allocation value of Chinese equity markets. Since the beginning of the year, the company has continued to utilize the long-term investment advantages of insurance funds and increased its allocation to equities. Moving forward, it will continue to invest in stocks and ETFs related to technology growth, consumption, and new energy sectors, supporting the cultivation and development of new quality productive forces and acting as truly patient capital for the market.

For 2026, the company will focus on optimizing the dividend distribution schedule and actively prepare for an interim profit distribution. In accordance with the resolution from the 2025 annual general meeting, which authorized the board of directors to decide on the 2026 interim dividend plan, CPIC aims to enhance the stability, continuity, and predictability of dividends, thereby further improving the sense of gain for investors.

PICC's Role as a Market Stabilizer

PICC stated that as a value investor adhering to long-termism and the concept of patient capital, it firmly believes in the promising future of China's capital market. The company will take concrete actions to actively seize the dual opportunities of capital market valuation recovery and industrial growth. It is committed to serving as a value discoverer in the Chinese capital market, a stabilizing ballast for maintaining market stability, and a main force in serving the real economy, contributing to the high-quality development of China's capital market.

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