Insurance funds focused on increasing holdings of high dividend-paying stocks in the fourth quarter of last year.

As of April 14th, in the A-share listed companies that have already released their 2025 annual reports, the top ten largest shareholders of 242 companies include insurance funds. From the perspective of the industry to which the heavily invested stocks belong, insurance funds prefer blue-chip stocks in sectors such as banking, telecommunications services, oil and petrochemicals, and transportation. Experts suggest that blue-chip stocks with high dividends and stable growth characteristics meet the needs of insurance funds for stabilizing profits and long-term matching, thus they are favored by insurance funds. Looking ahead, it is expected that insurance funds will continue to adopt an investment strategy of "high dividend assets as the basis, with technology growth stocks for value appreciation."