Zheng Quan Shi Bao·2025-10-29 00:09Core Insights - Insurance capital has reached a new 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] - The trend indicates a strong focus on low valuation and high dividend yield stocks, particularly in the financial and public utility sectors [3][4] Group 1: Insurance Companies and Their Activities - A total of 13 insurance companies have engaged in stock acquisitions this year, with China Ping An leading with 12 instances, followed by Great Wall Life with 4 [2] - Recent acquisitions include China Post Life's purchase of China Communications Construction H-shares, increasing its stake to approximately 5.17% [2] - Other notable companies involved in stock acquisitions include New China Life and Swiss Life, each with two instances, while China Life, China Pacific Insurance, and others have made one acquisition each [3] Group 2: Investment Strategies and Trends - The primary method for these acquisitions has been through secondary market investments, with some companies also engaging in new stock subscriptions and agreement transfers [3] - China Ping An's investment style is characterized as "bulk buying," focusing exclusively on financial stocks, while other companies have a more diversified selection [4] - The insurance sector is increasingly focusing on stocks with strong fundamentals and stable dividends, with a long-term investment perspective [4][5] Group 3: Market Conditions and Future Outlook - The insurance sector is adapting to changing market conditions, with a shift towards selecting high-quality companies that can provide stable dividend growth [6][7] - The trend of increasing equity investments is expected to continue, driven by product transformation and a favorable regulatory environment for long-term capital [7] - Analysts predict that dividend insurance will significantly contribute to the industry's premium income growth, enhancing the demand for equity assets [7]