Leverage the advantages of long-term capital and long-term investment, insurance capital private equity prefers large blue-chip stocks
Another insurance capital-backed securities private equity has officially debuted. Ping An Asset Management's Hengyi Holding (Shenzhen) Private Fund Management Co., Ltd. has recently completed its registration, with the first phase of the fund reaching a scale of 30 billion yuan. So far, there are 7 insurance capital-backed securities private equities, with a total pilot amount of 222 billion yuan. With the disclosure of listed companies' semi-annual reports for 2025, the allocation paths of these "giant" long-term funds are gradually becoming clear—favoring energy and infrastructure leaders such as PetroChina, China Shenhua, and Daqin Railway, with a distinct focus on long-term and value investments. (China Securities Journal)