Core Viewpoint - China Ping An has increased its stake in China Life and China Pacific Insurance, indicating a strategic move in the financial investment sector, with a focus on equity investments as part of its routine operations [1] Group 1: Investment Activities - On August 12, China Ping An purchased 9.5 million shares of China Life H-shares for HKD 213 million, raising its total holdings to 375 million shares, which now represents 5.04% of the company, triggering a mandatory disclosure [1] - On August 11, China Ping An acquired 1.74 million shares of China Pacific Insurance H-shares for HKD 55.89 million, also reaching a 5.04% stake, thus triggering a mandatory disclosure [1] - Throughout this year, China Ping An has been actively increasing its stakes in various banks, including Agricultural Bank of China H-shares, Postal Savings Bank of China H-shares, and China Merchants Bank H-shares [1] Group 2: Investment Strategy - China Ping An has stated that the recent investments in China Life and China Pacific Insurance are classified as financial investments, which are part of the routine operations of its equity investment portfolio [1]