Jin Rong Jie·2025-08-07 07:29Core Viewpoint - The article highlights the recent performance of Chinese bank stocks, driven by significant investments from insurance companies and regulatory support for long-term investments in the capital market [1]. Group 1: Stock Performance - Postal Savings Bank of China (01658) increased by 3.42%, trading at HKD 5.75 - Agricultural Bank of China (01288) rose by 2.09%, trading at HKD 5.38 - Bank of China (03988) saw a 1.77% increase, trading at HKD 4.61 - Industrial and Commercial Bank of China (01398) grew by 1.47%, trading at HKD 6.20 [1]. Group 2: Investment Activities - Hongkang Life purchased 30.386 million shares of Zhengzhou Bank H-shares, marking its fourth acquisition since June - Ping An Asset Management bought 3.7425 million shares of China Merchants Bank H-shares, increasing its stake to 16.03% - Notable insurance companies such as Ping An, Xinhua Life, Ruizhong Life, and Hongkang Life have all made purchases in bank stocks this year [1]. Group 3: Regulatory Support - The Ministry of Finance issued a notice aimed at guiding insurance funds towards long-term stable investments, enhancing the assessment of state-owned commercial insurance companies - According to CITIC Securities, the measures proposed in the notice are expected to improve insurance funds' tolerance for short-term market fluctuations, thereby stabilizing investment behaviors and promoting the entry of insurance capital into the market - The dividend sector is anticipated to contribute to stable net investment returns in a low-interest-rate environment, while the FVOCI measurement model may help mitigate the impact of stock price volatility on profits [1].