Listed companies intensively release announcements of increased holdings and repurchases. Insurance funds collectively express their advantages as "patient capital".
On July 20th, several listed companies and major financial institutions issued announcements and statements intensively. Through multiple measures such as increasing holdings by controlling shareholders and management, repurchasing shares of listed companies, and expanding investments in the equity market, they conveyed positive signals of long-term optimism and stable development to the capital market, making every effort to maintain market stability and boost investor confidence. The strength of confidence support in the capital market continues to expand. On the same day, leading listed insurance companies such as China Life Insurance Group, China Pacific Insurance, Ping An Insurance, and New China Life Insurance collectively spoke out, explicitly leveraging the advantage of insurance funds as "patient capital," firmly empowering the capital market, and serving the development of the real economy.
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