Group 1 - Ant Group reduced its stake in ZhongAn Insurance from 10.37% to 7.63%, selling over 33 million shares [2][4] - This is the second reduction by Ant Group in its 12-year investment in ZhongAn Insurance, with a previous reduction in early 2022 [4] - Following the reduction, China Ping An Insurance Group has become the largest shareholder of ZhongAn Insurance [6][7] Group 2 - Ant Group stated that the reduction is a normal investment decision aimed at optimizing capital allocation and will not affect its business cooperation with ZhongAn Insurance [4] - ZhongAn Insurance confirmed that the shareholder structure adjustment will not impact its operations and that both companies will continue to explore innovations in insurtech [4] - ZhongAn Insurance's stock price has increased over 70% this year, particularly after late May, attributed to early positioning in stablecoin and virtual asset businesses [6][8] Group 3 - In 2024, ZhongAn Insurance reported total premium income of 33.417 billion RMB, a year-on-year increase of 13.3%, ranking eighth in the domestic property insurance industry and first in the internet property insurance market [8]

Core Viewpoint - Ant Group has reduced its stake in ZhongAn Online by approximately 33.75 million shares, cashing out about 654 million HKD, marking the second round of share reduction in 12 years [1][2]. Group 1: Shareholding Changes - After the recent reduction, Ant Group's holdings in ZhongAn Online decreased to approximately 108 million shares, representing 7.37% of the total share capital, making it the fourth largest shareholder [2][10]. - Prior to this reduction, Ant Group held 10.37% of ZhongAn Online's shares, ranking as the largest shareholder [9]. - The total cash raised from both rounds of share reductions by Ant Group exceeds 2 billion HKD [3][6]. Group 2: Financial Performance and Market Impact - ZhongAn Online's stock price has seen significant increases, with a rise of over 60% in one month, largely due to the passing of the Stablecoin Bill by the Hong Kong Legislative Council [16]. - As of June 24, ZhongAn Online's H-shares closed at 20.25 HKD, reflecting the positive market sentiment [16]. - ZhongAn Bank, in which ZhongAn Online holds a 43.43% stake, is positioned to benefit from the new stablecoin regulations, enhancing its role in the digital asset space [17][20]. Group 3: Strategic Adjustments by Ant Group - Ant Group has been actively reducing its stakes in long-held investments to optimize capital allocation, focusing on emerging technologies and global opportunities [7]. - The company has maintained a high level of R&D investment, exceeding 10% of its revenue annually, and is expanding into AI, healthcare, and global markets [7].

港交所披露易最新信息显示，6月24日，蚂蚁集团在场外减持约3375.48万股众安在线H股股份，套现约6.54 亿港元。 这是蚂蚁集团投资众安在线12年来的第二轮减持。减持完成后，蚂蚁集团所持众安在线股份数量降至约1.08亿 股，占后者总股本比例降至7.37%，退居第四大股东。 对此，蚂蚁集团回应称，本次减持是正常的投资决策，为了优化资金配置效率，不会影响蚂蚁集团与众安在线 的业务合作，蚂蚁集团一如既往看好众安在线的长期发展。众安在线表示，股东结构调整不会影响公司运营， 双方合作稳健发展，将继续共同探索保险科技等领域的创新。 两轮减持套现超20亿港元 众安在线由蚂蚁集团、中国平安和腾讯于2013年联合发起设立，是中国首家互联网保险公司。其中，蚂蚁集团 彼时出资1.99亿元，持有众安在线19.9%股权，位列第一大股东。 2022年1月20日，蚂蚁集团在场外减持约4653.7万股众安在线股份，套现11.88亿港元，持股数量降至约1.52亿 股，并保持到今年3月底不变。而在今年6月24日减持后，蚂蚁集团持有的众安在线H股数量降至约1.08亿股。 这意味着，4月1日至6月23日期间，蚂蚁集团还实际减持1033.96万股 ...