Zhi Tong Cai Jing·2025-08-07 06:28Group 1 - The core viewpoint highlights a significant increase in the share prices of major Chinese banks, with Postal Savings Bank rising by 3.42% to HKD 5.75, Agricultural Bank by 2.09% to HKD 5.38, Bank of China by 1.77% to HKD 4.61, and Industrial and Commercial Bank by 1.47% to HKD 6.2 [1] - On July 25, Hongkang Life purchased 30.386 million shares of Zhengzhou Bank H-shares, marking the fourth time since June that it has crossed the Hong Kong Stock Exchange's disclosure threshold [1] - On July 28, Ping An Asset Management bought 3.7425 million shares of China Merchants Bank H-shares, increasing its holding to 16.03% [1] - Notably, several insurance companies, including Ping An, Xinhua Life, Ruizhong Life, and Hongkang Life, have purchased bank stocks this year [1] Group 2 - The Ministry of Finance has issued a notice aimed at guiding insurance funds towards long-term stable investments, which is expected to enhance the tolerance of insurance capital for short-term market fluctuations [2] - According to a report by CITIC Securities, the measures proposed in the notice are likely to stabilize investment behaviors and further promote the entry of insurance capital into the market [2] - The dividend sector is expected to contribute to stable net investment returns in a low-interest-rate environment and mitigate the impact of stock price fluctuations on profit through FVOCI measurement [2]