格隆汇8月19日丨根据联交所最新权益披露资料显示，2025年8月13日，中国人寿(02628.HK)获中国平安人寿保险股份有限公司在场内以每股均价22.7439港 元增持1406.7万股，涉资约3.2亿港元。 | 股份代號: | 02628 | | --- | --- | | 上市法國名稱: | 中國人壽保險股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 19/07/2025 - 19/08/2025 | 增持后，中国平安人寿保险股份有限公司最新持股数目为385,696,000股，持股比例由4.99%上升至5.18%。 | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | 持有權益的股份數目 佔已發行的有關事件的日 相關法 | | | --- | --- | --- | --- | --- | --- | --- | | | | | FRODER = | | （請參関上述 * 註 份自分比 年) | | | CS20250818E00003 | 中国平安人寿保险股份有限 | 1001(L) | 14.067,000(L) | HK ...

Core Insights - China Life Insurance Company (02628.HK) has seen an increase in shareholding by Ping An Life Insurance Company, which acquired 14.067 million shares at an average price of HKD 22.7439 per share, totaling approximately HKD 320 million [1] - Following this transaction, Ping An Life's total shareholding in China Life has risen to 385,696,000 shares, increasing its ownership percentage from 4.99% to 5.18% [1] Summary by Category - **Shareholding Changes** - Ping An Life Insurance Company increased its stake in China Life Insurance by acquiring 14.067 million shares [1] - The average purchase price was HKD 22.7439 per share, amounting to a total investment of around HKD 320 million [1] - Post-transaction, Ping An Life's shareholding percentage in China Life rose from 4.99% to 5.18% [1]

Group 1 - China Pacific Insurance's latest stock price is 39.90 yuan, up 0.20 yuan from the previous trading day, with an opening price of 39.80 yuan, a high of 40.65 yuan, and a low of 39.51 yuan, with a trading volume of 346,400 hands and a transaction amount of 1.386 billion yuan [1] - China Pacific Insurance is a significant financial enterprise in Shanghai, primarily engaged in life insurance, property insurance, and asset management, with subsidiaries including Taibao Life Insurance and Taibao Property Insurance [1] - China Ping An has recently increased its stake in China Pacific Insurance H shares by 1.7414 million shares, raising its holding from 4.98% to 5.04%, triggering the shareholding threshold, marking the first instance of an insurance company acquiring a peer since 2019 [1] Group 2 - The current dividend yield for China Pacific Insurance H shares is approximately 3.5% [1] - On August 18, China Pacific Insurance saw a net inflow of main funds amounting to 71.2027 million yuan, with a cumulative net inflow of 426 million yuan over the past five trading days [1]

Core Viewpoint - Insurance funds have resumed cross-holding in the industry after six years, with China Ping An increasing its stakes in China Pacific Insurance and China Life Insurance, indicating a strategic financial investment approach [2][4]. Group 1: Investment Activities - China Ping An increased its holdings in China Pacific Insurance by approximately 1.74 million shares at an average price of 32.07 HKD per share, totaling around 55.84 million HKD, raising its stake to 5.04% [5]. - On August 12, Ping An Life further acquired 3.66 million shares of China Pacific Insurance at an average price of 33.29 HKD, bringing its total holdings to 140 million shares, or 5.1% of the issued H shares [5]. - Ping An Asset Management also bought 1.1 million shares of China Pacific Insurance at an average price of 32.28 HKD, increasing its total holdings to 138 million shares, or 5% of the issued H shares [5]. - Additionally, on August 12, China Ping An acquired 9.5 million shares of China Life Insurance, raising its total stake to 5.04% [5]. Group 2: Market Performance - As of August 18, China Life Insurance's H shares rose by 2.87% to 25.06 HKD, while China Pacific Insurance's H shares increased by 1.75% to 37.28 HKD [3]. - Year-to-date, China Pacific Insurance's H shares have surged over 50%, with a trailing twelve months (TTM) dividend yield of 3.22%, while China Life Insurance's H shares have risen over 70% with a TTM dividend yield of 2.92% [6]. Group 3: Industry Insights - The resurgence of insurance funds in cross-holding reflects confidence in the recovery and long-term value of the insurance sector, as indicated by the strong performance of H shares in both A-share and Hong Kong markets [4][6]. - The current market environment, characterized by declining interest rates, has prompted insurance companies to seek stable returns through long-term value investments [7][10]. - Regulatory encouragement for long-term capital investment has further opened up opportunities for insurance funds in the capital markets [10].

智通财经APP获悉，香港联交所最新资料显示，8月12日，中国平安保险(集团)股份有限公司增持中国人 寿(02628)950万股，每股作价22.4072港元，总金额约为2.13亿港元。增持后最新持股数目约为3.75亿 股，最新持股比例为5.04%。 ...

香港联交所最新资料显示，8月12日，中国平安（601318）保险(集团)股份有限公司增持中国人寿 （601628）(02628)950万股，每股作价22.4072港元，总金额约为2.13亿港元。增持后最新持股数目约为 3.75亿股，最新持股比例为5.04%。 ...

智通财经APP获悉，香港联交所最新资料显示，8月13日，中国平安人寿保险股份有限公司增持中国人 寿(02628)1406.7万股，每股作价22.7439港元，总金额约为3.2亿港元。增持后最新持股数目约为3.86亿 股，最新持股比例为5.18%。 ...

智通财经APP获悉，香港联交所最新资料显示，8月12日，中国平安保险(集团)股份有限公司增持中国人 寿(02628)950万股，每股作价22.4072港元，总金额约为2.13亿港元。增持后最新持股数目约为3.75亿 股，最新持股比例为5.04%。 ...

香港联交所最新资料显示，8月13日，中国平安人寿保险股份有限公司增持中国人寿（601628） (02628)1406.7万股，每股作价22.7439港元，总金额约为3.2亿港元。增持后最新持股数目约为3.86亿 股，最新持股比例为5.18%。 ...

Group 1 - On August 11, China Ping An purchased 1.7414 million shares of China Pacific Insurance (H shares) at an average price of HKD 32.0655 per share, totaling approximately HKD 55.8387 million [2] - Following the acquisition, China Ping An's stake in China Pacific Insurance increased from 4.98% to 5.04% [3] - The total number of issued shares for China Pacific Insurance (H shares) is 2.7753 billion [3] Group 2 - In August 2019, China Life disclosed a similar stake increase in China Pacific Insurance, raising its holding from 4.87% to 5.04%, which triggered a disclosure requirement [4] - During a March 2025 earnings conference, China Ping An's CFO indicated a positive outlook for the equity market and plans to increase equity allocation while balancing growth sectors and high-dividend stocks [4]