Xin Lang Cai Jing·2025-12-23 12:09Core Viewpoint - The article discusses the recent performance of the Chinese stock market, particularly focusing on the rise of China Ping An and the Securities Insurance ETF, while also highlighting the upcoming regulatory changes in the insurance sector. Group 1: Market Performance - China Ping An's stock rose over 1.6%, reaching a four-year high, while the Securities Insurance ETF increased by over 0.9%, with a performance of +71.69% over the past 356 days, indicating potential short-term pullback needs if market sentiment declines [3][10]. - The Securities Insurance ETF's trading status shows a slight increase of +0.97%, with a current price of 0.933, and a trading volume indicating a negative委比 of -27.76% [4][11]. Group 2: Regulatory Changes - On December 19, 2025, the Financial Supervision Administration will release a draft for the "Asset-Liability Management Measures for Insurance Companies," which aims to systematically upgrade existing regulatory rules, set to take effect on July 1, 2026 [4][12]. - Institutions indicate that this new regulation marks a transition to a more systematic and standardized phase in the industry's asset-liability management [5][12]. Group 3: Investment Strategy - The article emphasizes the long-term benefits of systematic investment plans, noting that over the past 200 years, the stock market has outperformed other asset classes significantly, with a growth of 100,000% compared to gold and long-term bonds [5][12]. - Previous investment plans have shown substantial returns, with gains of +139%, +128%, and +114% for various periods, indicating the effectiveness of the investment strategy [7][14].