Growth in Chinese-funded insurance stocks is not boosted by higher investment

Chinese insurance stocks, which were slightly built this morning but ran out of the market, have not responded positively to reports of a May increase in equity investments to share the rally. Chinese longevity (02628-HK) and Ping An (02318-HK) in China have now risen by more than 1% while the H-share index is now up. According to the CIRC, China's insurance funds increased by 44.8 billion yuan in May, while bank deposits increased by 25.5 billion yuan a quarter. There are market comments on the basis of analysis, as a result of the poor bond yields in April, insurance companies have less recent bond allocation, can judge that the new investment is more equity assets, and the increase in deposits also shows that insurance companies are more willing to participate in equity investment attitude; This confirms previous market rumors about the equity assets of insurance funds, The company has benefited from a rebound in the stock market. The Shenzhen-Shanghai shares have risen about 16% since May.