22次！险资举牌超过去年，能源、公用事业、银行成布局重点

Core Viewpoint - The insurance capital is increasingly active in the stock market, with a notable rise in shareholding activities, indicating a preference for undervalued, low-volatility, high-dividend, and high-certainty performance assets [1][5]. Group 1: Insurance Capital Activities - In 2023, insurance capital has triggered 22 shareholding events, with a significant increase in activity compared to previous years [5]. - Notable companies targeted by insurance firms include Postal Savings Bank, Agricultural Bank, and China Merchants Bank, among others [2][6]. - Hongkang Life has made its first shareholding move this year by acquiring shares in Honghua Smart Energy, reaching a 5% stake [3]. Group 2: Performance of Target Companies - Honghua Smart Energy has shown significant revenue growth, with net profit expected to reach a five-year high in 2024 [3]. - Peak Technology, another target of insurance capital, reported a revenue of 600 million yuan in 2024, marking a 45.94% year-on-year increase [4]. Group 3: Investment Strategy and Market Trends - The insurance sector's preference for bank stocks is driven by their low volatility, high dividend yields, and low valuations, with a total of 9 shareholding events in the banking sector this year [6]. - The average dividend yield of stocks targeted for shareholding in 2024 is 4.6%, the highest in recent years, reflecting a strategic shift towards high-dividend investments [7]. - The overall market performance has encouraged insurance companies to increase their capital market activities, with significant net purchases in equity investments [8].