Jing Ji Wang·2026-01-22 09:48Core Viewpoint - China Life Overseas Company has established itself as a leading Chinese insurance company and institutional investor in the Hong Kong and Macau regions, with total assets exceeding HKD 452.8 billion, focusing on life insurance, savings insurance, annuities, and MPF [1] Group 1: Investment Strategy and Market Position - The company utilizes its long-term capital advantage for global stable asset allocation, contributing to reliable returns for clients and supporting the stability and prosperity of the local capital market [1] - As a representative of "patient capital," the investment strategy emphasizes risk management and long-term value creation, injecting strong momentum into the sustainable development of Hong Kong as an international financial center [1] - The company actively supports the Hong Kong SAR government and the Ministry of Finance of China in issuing government bonds, further consolidating the influence of the Hong Kong bond market [1] Group 2: Participation in Bond Issuance - In November 2025, the Hong Kong SAR government issued multi-currency digital green bonds, and China Life Overseas Company participated in all four currency bond subscriptions, totaling approximately HKD 2.4 billion, becoming the largest subscriber among Chinese insurance companies [1] - The Ministry of Finance of China issued USD 4 billion in 3-year and 5-year dollar bonds, with China Life Overseas Company subscribing approximately USD 600 million, showcasing its stable capital allocation advantage [2] Group 3: Support for IPOs and Innovative Sectors - In 2025, the company participated in multiple Hong Kong H-share IPOs, supporting the Stock Exchange's Chapter 18A regulations, which allow unprofitable biotech companies to list [2] - The company actively invests in hot sectors such as semiconductors, AI, and healthcare, supporting excellent Chinese enterprises in achieving reasonable pricing during IPOs [2] - Notable investments include Hesai Technology, a leader in the 3D sensor field, which became the first company to produce over 1 million laser radars by 2025 and successfully listed on the Hong Kong Stock Exchange [2] Group 4: Alternative Investment Initiatives - To deepen communication and cooperation in Hong Kong's alternative investment industry, the company successfully hosted the "Hong Kong Alternative Investment Strategy Conference" in 2025, gathering nearly 800 experts to discuss alternative investment opportunities [4] - The unique position of Hong Kong as a bridgehead provides ample space for insurance funds to explore alternative opportunities [4] - The company regularly organizes high-end investment research activities, enhancing Hong Kong's status as an international insurance and asset management hub and promoting cross-border cooperation and innovation [4]