Insurance funds swept At the beginning of 2025, southbound funds rush into Hong Kong stocks, with net purchases of up to HK$60 billion in 6 trading days. In 2024, southbound funds had a net purchase of Hong Kong stocks totaling HK$807.864 billion, 2.5 times the inflow scale in 2023 and the largest annual inflow scale since 2014.
Ping An Group has made several moves recently mongolia email list 100000 contact leads and significantly increas its holdings in the banking sector.
Agricultural Bank of China announc on January 8 that Ping An Asset Management increas its holdings of Agricultural Bank of China H shares on January 3. After the increase, Ping An Asset Management’s shareholding ratio increas from 4.97% to 5.03%.
Wind data shows that in the past month
Ping An of China and its subsidiaries have made multiple moves to increase their holdings of Hshares of major stateown banks such as Industrial the internet marketing course and Commercial Bank of China, China Construction Bank, Postal Savings Bank of China, and Agricultural Bank of China.
Data shows that at the end of the third quarter of 2024, 11 of the top 20 stocks held by insurance funds were bank stocks, and the dividend yields of the vast majority of banks exce 5%.
The continu largescale purchases by insurance funds are also one of the catalysts for the current surge in the banking sector.
In 2024, the banking sector rose 42% throughout the year, ranking first among all industries
Insurance companies continue to increase their holdings of highdividend bank stocks. The market speculates that the main reason is the downward trust review trend in riskfree interest rates. Insurance companies can invest in fewer and fewer highyield products, so they are more inclin to allocate to highdividend products.
In addition, the regulatory authorities have successively introduc a series of policies to encourage insurance funds and other mium and longterm funds to enter the market, which is also an important factor in the activeness of insurance funds Insurance funds swept.
