MBPICCG@EC2609A

HARBOUR DIGITAL

CONGYU INTE AGR

GF HEALTHCARE

KWONG MAN KEE

160 HEALTH

51WORLD

HUILI RES

HUAYUEXPRESSWAY

METASURFACE

CHERISH SUN

02628

601628

601319

02318

601318

01339

The "Opinions on Technology Insurance" focuses on "who to protect, what to protect, and how to protect," and emphasizes five aspects: 1. Focus on major national scientific and technological tasks, establish a national coordination and promotion mechanism for major technological breakthroughs in technology insurance, and strengthen insurance services for national strategic scientific and technological forces and key regions. 2. Focus on technology-based small and medium-sized enterprises, promote convenient technology insurance products, expand the coverage of technology insurance, and provide flexible insurance solutions for scenarios such as pay-after-use for technological achievements

Wallstreetcn

CHINA LIFE

China Life

PICC Group

PING AN

Ping An

PICC GROUP

Who does technology insurance protect, what does it cover, and how is it insured? Four departments jointly issued opinions

601818

601696

601988

512070

513750

In 2025, the net profit of non-listed life insurance companies surged to 66.6 billion yuan, but net assets shrank by nearly 10 billion yuan, indicating a structural divergence of "profit increase without capital increase." The median comprehensive investment return rate dropped from 8.39% to 2.73%. Several insurance companies, such as BOC Samsung Life and CEB Grand China Life, despite achieving record high net profits, saw a significant decline in net assets, reflecting the impact of new financial instrument standards and market conditions

- In 2025, non-listed life insurance companies reported a misleading profit surge, with total net profits soaring to 66.6 billion yuan, up 165% from 2024.  
- Despite this profit increase, the median comprehensive investment return plummeted to 2.73%, and industry net assets fell by nearly 10 billion yuan, indicating a structural divergence of "increased profits without increased assets."  
- The primary drivers of this phenomenon stem from market volatility and the shift to new accounting standards, which have led to extreme fluctuations in net profits compared to net assets.

CEB Bank

BOCIC

Bank Of China

ChinaAMC CSI Banks ETF

CHINA EB LTD

CEB BANK

E Fund CSI 300 Financials (ex Banks) ETF

BANK OF CHINA

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

EB GRAND CHINA

Profit to the left, net assets to the right: Analyzing the "surface" and "substance" of the performance of unlisted life insurance companies

510650

The People’s Insurance Company of China Limited has appointed Ms. Yeung Cheung Ying as an independent non-executive director, effective February 2, 2026. This appointment was approved by the National Financial Regulatory Administration and the shareholders at the 2025 extraordinary general meeting. Ms. Yeung will also serve on several committees, including the Strategy and Investment/Sustainable Development Committee. Her term will last until the end of the fifth session of the Board, with eligibility for re-election.

marketscreener

ChinaAMC SSE Financials Sector ETF Initiating Fund

The People?s Insurance Company of China Limited Announces Appointment of Ms. Yeung Cheung Ying as Independent Non-Executive Director and Committee Member, Effective February 2, 2026

PICC – The People’s Insurance Company (Group) of China Ltd. has filed an updated list of directors with the Hong Kong Stock Exchange. The board includes Executive Directors Ding Xiangqun (Chairperson), Zhao Peng (Vice Chairman), and Xiao Jianyou, along with Non-Executive and Independent Non-Executive Directors. The company has five special committees, each chaired by different directors, ensuring diverse oversight and governance.

Reuters

PICC Files Director List with HKEX

The People's Insurance Company (Group) of China Ltd. has announced the appointment of Yeung Cheung Ying as an independent non-executive director on its board.

PICC beruft Yeung Cheung Ying zur unabhängigen nicht-exekutiven Direktorin

A detailed explanation of how PICC Asset systematically and safely invests in technology innovation enterprises

- China People's Insurance Group's asset management platform, with a long-standing asset scale, is seen as a barometer for insurance fund allocation.  
- A recent internal report systematically explores how over 37 trillion yuan in insurance funds can safely and effectively enter the hard technology sector, while addressing challenges like solvency constraints and exit mechanisms.  
- Recommendations include adopting a U.S.-inspired investment model and developing diversified exit strategies to enhance investment in tech innovation and improve understanding among insurance institutions.

Research Report from Asia's Largest Property Insurance Giant: Systematic Layout of Investment in Technology Innovation Enterprises

00966

China is planning to sell approximately 200 billion yuan ($28.8 billion) in special government bonds to recapitalize its largest insurers, including China Life Insurance Group, the People’s Insurance Co Group, and China Taiping Insurance Group. This move aims to strengthen the insurance sector, which is facing pressure to consolidate, according to Bloomberg News.

CHINA TAIPING

China plans $29 billion capital injection into biggest insurers, Bloomberg News reports

MBPICCG@EC2609A(26977.HK)

Who does technology insurance protect, what does it cover, and how is it insured? Four departments jointly issued opinions

Profit to the left, net assets to the right: Analyzing the "surface" and "substance" of the performance of unlisted life insurance companies

The People?s Insurance Company of China Limited Announces Appointment of Ms. Yeung Cheung Ying as Independent Non-Executive Director and Committee Member, Effective February 2, 2026

PICC Files Director List with HKEX

PICC beruft Yeung Cheung Ying zur unabhängigen nicht-exekutiven Direktorin