险资年内举牌31次创新高红利策略进入精挑细选阶段

Core Insights - Insurance companies have reached a record high in stock acquisitions, with 31 instances reported this year, surpassing the previous peak in 2020 and marking the highest since records began in 2015 [2][3] Group 1: Stock Acquisition Trends - A total of 31 stock acquisitions by insurance companies have been recorded this year, reflecting a year-on-year increase of over 50% [3] - 13 insurance companies have participated in stock acquisitions this year, with China Ping An's Ping An Life leading with 12 acquisitions [3] - The most recent acquisition was by China Post Life, which acquired approximately 5.17% of China Communications Construction Company on October 14 [3] Group 2: Investment Strategies - Insurance companies are primarily focusing on low-valuation, high-dividend stocks, with significant investments in the financial sector and public utilities [6] - China Ping An's investment style is characterized as "bulk buying," consistently increasing holdings in selected stocks, all of which are financial stocks [6] - Other insurance companies exhibit a more diversified selection approach, with Longcheng Life acquiring stocks in various sectors including public utilities and transportation [6] Group 3: Market Dynamics and Future Outlook - The insurance sector is expected to continue increasing its allocation to equity assets, driven by a low interest rate environment and policy encouragement for long-term capital market participation [8] - Analysts predict that dividend insurance will significantly contribute to the industry's premium income growth, enhancing the demand for equity assets [9] - The shift towards more flexible investment strategies in response to changing market conditions is becoming a common practice among global insurance companies [8]