Insurance funds buy After four consecutive years of decline, Hong Kong stocks finally clos in the green in 2024. Among
them, the Hang Seng Index rose 17.67% to 20,059.95 points, holding the 20,000 mark; the Hang Seng
Technology Index rose 18.7%; and the Stateown libya email list 100000 contact leads Enterprises Index rose 26.37%.
At the beginning of 2025, southbound funds rush into Hong Kong stocks, with net purchases of up to
HK60 billion in 6 trading days. In 2024, southbound funds had a net purchase of Hong Kong stocks
totaling HK807.864 billion, 2.5 times the inflow scale in 2023 and the largest annual inflow scale since 2014.
Ping An Group has made several moves recently and significantly increas its holdings in the banking sector
Agricultural Bank of China announc on January 8 that Ping An Asset Management increas its holdings
of Agricultural Bank of China H shares on January 3. After the increase, Ping An Asset Management’s
shareholding ratio increas from 4.97% to 5.03%.
Wind data shows that in the past month, Ping conduct surveys for valuable customer insights An of China and its subsidiaries have made multiple
moves to increase their holdings of Hshares of major stateown banks such as Industrial and
Commercial Bank of China, China Construction Bank, Postal Savings Bank of China, and Agricultural Bank of China.
Data shows that at the end of the third quarter of 2024
11 of the top 20 stocks held by insurance funds were bank stocks, and the dividend yields of the vast majority of banks exce 5%.
The continu largescale purchases by insurance funds liechtenstein number are also one of the catalysts for the current surge in the banking sector.
In 2024, the banking sector rose 42% throughout the year, ranking first among all industries.
Insurance companies continue to increase their holdings of highdividend bank stocks. The market
speculates that the main reason is the downward trend in riskfree interest rates. Insurance companies can invest in fewer and fewer highyield products, so they are more inclin to allocate to highdividend products Insurance funds buy.