Zhong Guo Zheng Quan Bao·2026-02-03 03:01Group 1 - China Life Insurance Company plans to invest nearly 12.5 billion yuan in two investment initiatives 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] - The investment in the elderly care sector involves approximately 8.49 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 [2][4] - The second investment of 4 billion yuan aims to set up the "Huizhi Yangtze River Delta (Shanghai) Private Fund Partnership," which will focus on artificial intelligence and related applications, as well as biomedicine and other tech innovation industries [3][4] Group 2 - The dual investment strategy of China Life in the elderly care and sci-tech sectors is indicative of the broader trend among insurance capital to explore diversified equity investments, extending beyond traditional sectors into technology innovation, healthcare, and green energy [4][5] - As of the end of 2024, the scale of equity investment assets among insurance companies reached 1.92 trillion yuan, accounting for 6.35% of total investments, with a year-on-year growth of nearly 13%, and equity investment funds showing a remarkable growth rate of over 36% [5][6] - The low interest rate environment and changes in accounting standards are driving insurance capital to seek assets that can provide long-term stable returns, making equity investments aligned with national development strategies a crucial direction for breaking through current challenges [5][6]