China Life(601628) 快讯·2025-05-09 13:06Core Viewpoint - The China Life Asset Company is actively seeking qualification for the third phase of long-term investment pilot programs for insurance funds, following a recent announcement from regulatory authorities to approve an additional 60 billion yuan in insurance fund investments [1] Group 1: Regulatory Environment - The People's Bank of China, the Financial Regulatory Administration, and the China Securities Regulatory Commission have jointly introduced a series of financial policies aimed at enhancing the investment capabilities of insurance funds [1] - The Financial Regulatory Administration plans to approve an additional 60 billion yuan for long-term investment pilot programs [1] Group 2: Company Strategy - China Life Asset Company aims to leverage its position by applying for the third phase of long-term investment pilot qualifications, intending to actively enter the market and play a leading role [1] - The company emphasizes the importance of its Honghu Fund phases one and two in stabilizing expectations, investments, markets, and the economy, while also focusing on nurturing long-term capital [1] Group 3: Investment Outlook - The risk factor for stock investments has been reduced by 10%, which directly lowers the risk capital requirements for insurance companies' equity assets, thereby freeing up more funds for stock market investments [1] - With the recent policy changes allowing for an increase in the equity investment ratio for insurance funds, insurance companies are expected to enhance their allocation towards high-growth sectors, thereby improving liquidity in the capital markets [1]