Core Viewpoint - The article discusses the active participation of insurance capital in the newly established "Technology Board" of the bond market, particularly following the new regulations on technology innovation bonds issued on May 7, which have led to significant investment from various insurance institutions [1][3]. Group 1: Participation of Insurance Capital - Multiple insurance institutions have actively engaged in investing in technology innovation bonds since the new regulations were announced, with several publicly stating their investments [1][3]. - The new regulations from the People's Bank of China and the China Securities Regulatory Commission aim to support the issuance of technology innovation bonds by enhancing the product system and support mechanisms [3]. - As of now, the issuance scale of technology innovation bonds has reached several hundred billion, with insurance capital being a major participant [3][4]. Group 2: Investment Trends and Strategies - Insurance institutions like Guoshou Asset and Everbright Yuming Asset have expressed their commitment to investing in various issuers of technology innovation bonds, with Guoshou Asset reporting over 60% of its investments in bonds issued by financial institutions [4]. - The new regulations are expected to improve the risk-return profile of technology innovation bonds, making them more attractive to insurance capital, which typically has high safety requirements [5][6]. - The diversification of bond types and the introduction of innovative credit rating systems are anticipated to reshape the risk pricing framework for technology innovation bonds [6]. Group 3: Future Outlook - The article highlights that the technology bond market is expected to grow rapidly, with an increasing variety of issuers and bond structures, which will better meet the financing needs of technology companies [7]. - Insurance capital is seen as a key player in promoting technology finance and supporting the real economy through long-term investments in technology innovation bonds [7]. - The ongoing development of tracking and monitoring mechanisms by insurance institutions aims to adapt to market dynamics and optimize investment strategies in the technology bond sector [7].