Zhong Guo Zheng Quan Bao·2026-01-28 00:15Group 1 - The core viewpoint of the news is that China Life Insurance Company is investing nearly 12.5 billion yuan in two major investment plans targeting the elderly care industry and the sci-tech industry in the Yangtze River Delta region, reflecting a trend of insurance capital accelerating its layout in equity investments and diversifying its asset allocation [1][4] Group 2 - China Life plans to invest approximately 8.492 billion yuan to establish the "Beijing Guoshou Elderly Care Industry Equity Investment Fund Phase II," focusing on mergers and acquisitions of existing elderly care real estate projects and expanding new elderly care real estate projects, with a total subscription amount of 8.5 billion yuan and a duration of 15 years [2] - The company has already established a systematic development path in the elderly care sector, with operations in 17 cities and 20 elderly care projects, and manages a total scale of 50 billion yuan in health and elderly care funds [2] Group 3 - The second investment involves a planned contribution of 4 billion yuan to establish the "Hui Zhi Yangtze River Delta (Shanghai) Private Equity Fund Partnership," with a total subscription amount of 5.0515 billion yuan, focusing on artificial intelligence and biomedicine sectors [3] Group 4 - The dual investment strategy in elderly care and sci-tech sectors by China Life is indicative of the broader trend of insurance capital exploring diversified equity investments, extending beyond traditional sectors into technology innovation, healthcare, and green energy [4] - Other leading insurance companies are also taking substantial actions, such as China Pacific Insurance's establishment of a 50 billion yuan fund aimed at supporting state-owned enterprise reforms and modern industrial system construction [4] Group 5 - The increase in insurance capital's equity investments is influenced by industry dynamics and proactive policy guidance, with equity investment assets reaching 1.92 trillion yuan by the end of 2024, accounting for 6.35% of total investments, and showing a year-on-year growth of nearly 13% [5] - The macro environment, characterized by low interest rates and new accounting standards, is driving insurance capital to seek long-term stable returns through equity investments aligned with national development strategies [5][6]