Banks and insurance companies frequently speak out, as various long-term funds increase their investment in the capital market.
After the listed insurance companies collectively expressed their support for the capital market, banks such as Industrial Bank, Shanghai Pudong Development Bank, and China Reinsurance Asset Management, among others, have continued to release positive signals. From daily net purchases of equity assets in the hundred billion yuan range by insurance asset management companies, to a significant expansion of equity products by bank-related companies, a comprehensive action to increase equity allocation and shareholder returns in the insurance and banking sectors is underway. Financial institutions generally indicate that they are confident in the prospects of China's economic transformation and upgrading, as well as the development of the capital market. They firmly believe in the long-term value of equity asset allocation and will continue to increase their support for new quality production and the high-quality development of the real economy.
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