在低利率与资产荒背景下 险资正加速向港股市场倾斜

Core Viewpoint - The insurance asset management industry in China is increasingly shifting towards the Hong Kong stock market due to low interest rates and asset scarcity, with a significant portion of overseas investment now directed towards this market [1] Group 1: Investment Trends - The investment balance in the Hong Kong market accounts for 51% of the total overseas investment balance, making it the preferred market for stock and bond investments [1] - By 2025, 63% of institutions plan to increase their investment scale in Hong Kong stocks, primarily through the Hong Kong Stock Connect program [1] Group 2: Strategic Implications - The movement of insurance funds reflects recognition of the valuation advantages in the Hong Kong market and highlights the importance of long-term capital allocation strategies in the current environment [1] - The high dividend characteristics of the Hong Kong market are making it an increasingly important direction for strategic allocation of insurance funds [1]