China Pacific Insurance (Group) Co., Ltd. provides insurance products in the People's Republic of China through its subsidiaries. It operates in Life and Health Insurance, Property and Casualty Insurance, Asset Management, and Other Business segments. The company offers life, health, automobile, liability, agricultural, property and casualty, commercial property, and accident insurance; pension and annuity products; reinsurance; and investment management with insurance funds. Founded in 1991 and headquartered in Shanghai, it also provides real estate and property management, consulting, medical and health services, fund management, elderly care, and related services.
Insurance funds' stake-building cools: only 8 instances in first three quarters, far below last year's 30-plus
The enthusiasm of insurance funds for building stakes in listed companies has clearly cooled this year. As of September 30, five insurers had built stakes in listed company stocks eight times, while in the first three quarters of 2025, 13 insurers had done so more than 30 times. Among the institutions, Ping An Life was the most active, completing four stake-building moves involving Agricultural Bank of China, China Merchants Bank, and China Life's H shares, with China Life being targeted twice. In addition, CPIC Life built a stake in Shanghai Airport, Fude Property Insurance in Yakang, Lian Life in Zhongshan Public Utilities, and New China Life in AviChina Industry and Technology in September. In terms of timing, the pace of insurance fund stake-building has been relatively steady this year, with four instances in the first quarter, only one in the second, and one each in July, August, and September of the third quarter. The most recent stake-building came from New China Life, which on September 22 increased its holding of AviChina Industry and Technology H shares by 16.876 million shares through centralized bidding on the secondary market, accounting for about 0.27% of the total issued H share capital of AviChina Industry and Technology. After the increase, it held a total of about 321 million H shares, with its shareholding ratio rising from 4.89% to 5.17%, triggering the stake-building disclosure. As of September 22, the company's total book balance of holdings in AviChina Industry and Technology was 822 million yuan, accounting for 0.04% of its total assets at the end of the previous quarter. As of the end of June this year, New China Life's book balance of equity assets was 440.275 billion yuan, accounting for 24.34% of its total assets at the end of the previous quarter. Compared with last year, this year's insurance fund stake-building has not only decreased significantly in number but also changed in target structure. In 2025, insurance fund stake-building was relatively concentrated in high-dividend financial stocks such as banks and insurers, especially H shares. This year's eight stake-building moves covered banks, insurance, transportation, public utilities, computing power infrastructure, and aviation technology. It is worth noting that the decline in stake-building frequency does not mean insurance funds are shrinking their equity allocation. Since the beginning of this year, insurance funds have continued to increase equity asset allocation, not only through direct purchases on the secondary market but also through negotiated transfers and IPO strategic placements.
2357.HK · Demand · Positive New China Life increased its AviChina H-share stake to 5.17%, triggering a stake-building disclosure.
601336.CG · Capital · Neutral New China Life built a 5.17% stake in AviChina H shares, one of only eight insurance stake-building moves this year amid a broad cooling.
601628.CG · Capital · Neutral Ping An Life's stake-building targeted China Life H shares twice, but the article gives no company-specific development for China Life itself.
600009.CG · Demand · Positive CPIC Life built a stake in Shanghai Airport during the period.
600036.CG · Demand · Positive Ping An Life completed stake-building moves involving China Merchants Bank.
601288.CG · Demand · Positive Ping An Life completed stake-building moves involving Agricultural Bank of China.
China Pacific Insurance posts double-digit first-half net profit growth, to pay interim dividend for first time
China Pacific Insurance's newly released 2026 interim report shows double-digit net profit growth in the first half, and the company will pay an interim dividend for the first time. In the first half, CPIC Group achieved total operating revenue of 212.136 billion yuan, up 5.8 percent year on year; net profit attributable to the parent was 30.775 billion yuan, up 10.4 percent; and operating profit attributable to the parent was 21.149 billion yuan, up 6.2 percent. Life insurance new business value reached 10.758 billion yuan, up 12.7 percent year on year, with a new business value margin of 17.5 percent, up 2.5 percentage points from a year earlier. Bancassurance channel first-year regular premium scale grew 32.6 percent year on year. Assets under management exceeded 4 trillion yuan for the first time, up 4.8 percent from the end of last year. Chairman Fu Fan said cumulative dividends since listing have exceeded 130 billion yuan, and the company will implement an interim dividend for the first time this year to improve the stability, sustainability and predictability of dividends.
China Pacific Insurance Plans Cash Dividend of 0.42 Yuan Per Share
China Pacific Insurance announced on August 27 that it plans to distribute a cash dividend of 0.42 yuan per share, before tax, to all shareholders, with an estimated total payout of 4.041 billion yuan.
China Pacific Insurance Vice Chairwoman Lu Qiaoling Resigns Due to Age
China Pacific Insurance announced that Vice Chairwoman Lu Qiaoling has resigned due to age. Lu Qiaoling also stepped down from her roles as non-executive director and member of the board's strategy and investment decision-making and ESG committee. She will not hold any position at the company after her resignation.
Insurance stocks rally, China Pacific Insurance leads with over 6% gain
Insurance stocks rallied across the board, with China Pacific Insurance leading the gains. China Pacific Insurance announced at midday that it firmly believes in the long-term improvement of China's economy and is strongly optimistic about the development prospects of China's capital market. It will continue to invest in stocks and ETFs in sectors such as technology growth, consumption, and new energy, support the cultivation of new quality productive forces, and act as genuine patient capital in the market. The company also stated it will steadfastly implement its existing profit distribution policy, optimize the frequency of dividends, and in 2026 focus on optimizing the dividend rhythm while actively preparing for interim profit distribution. At the close, China Pacific Insurance stood at 31.73 yuan per share, up 6.32 percent; Ping An Insurance at 53.23 yuan per share, up 4.99 percent; PICC at 7.54 yuan per share, up 4 percent; China Life Insurance at 40.60 yuan per share, up 3.97 percent; and New China Life Insurance at 64.84 yuan per share, up 3.25 percent.
Two central state-owned enterprises invest nearly 60 billion yuan to increase A-share holdings, trillion-yuan insurers follow with bullish stance
China Reform Holdings Corporation and China Chengtong Holdings Group simultaneously disclosed progress on large-scale secondary market purchases, having together deployed nearly 60 billion yuan into core A-share assets. China Reform’s investment arm used over 50 billion yuan from a special central bank relending facility for share buybacks and increases, while China Chengtong, together with Chengtong Capital and Chengtong Yang Capital, has cumulatively bought close to 10 billion yuan. Both firms define these purchases as medium- to long-term strategic allocations, with funds continuously deployed via the central bank’s special relending facility. On the same day, five central enterprises—China Coal Energy, CRRC, Aluminum Corporation of China, NARI Technology, and China Shenhua Energy—jointly announced share increases, buybacks, asset injections, and dividend plans. Among them, three controlling shareholders’ increase plans total between 1.2 billion and 2.4 billion yuan. Five insurance institutions with assets under management exceeding one trillion yuan each voiced support for the stock market. China Pacific Insurance said it will continue to add positions in technology, consumer, and new energy stocks and ETFs. Ping An Insurance stated it will increase allocations to emerging industries, advanced manufacturing, and undervalued value stocks. New China Life Insurance expressed confidence in the market’s long-term value and will raise equity allocations. PICC and China Life Group also expressed a firm bullish stance and plans to boost allocations. On the evening of July 20, more than 20 listed companies issued share increase and buyback announcements, with confirmed deployed funds exceeding 720 million yuan and planned implementation funds totaling between 4.64 billion and 7.6 billion yuan. China Securities Regulatory Commission Chairman Wu Qing visited a securities branch to exchange views with investor representatives, listening to suggestions on strengthening oversight of quantitative and AI program trading and encouraging listed companies to increase dividend payouts.
China Reform Holdings Corporation Ltd · Capital · Positive China Reform Holdings Corporation disclosed large-scale secondary market purchases of nearly 50 billion yuan via central bank relending facility.
601088.CG · Capital · Positive China Shenhua Energy announced share increases and dividend plans, directly benefiting from the state-owned enterprise buying spree.
601600.CG · Capital · Positive Aluminum Corp of China announced share increases and asset injections as part of the central enterprise buying wave.
601766.CG · Capital · Positive CRRC is one of five central enterprises that jointly announced share increases, buybacks, asset injections, and dividend plans.
601898.CG · Capital · Positive China Coal Energy is one of five central enterprises that jointly announced share increases, buybacks, asset injections, and dividend plans.
601318.CG · Capital · Positive Ping An Insurance stated it will increase allocations to emerging industries and undervalued stocks, signaling bullish stance.
Insurers, brokers, and mutual funds step in to support the market; multiple listed companies announce interim dividend plans
China Pacific Insurance, Ping An Insurance, and other insurers have stated they will increase equity allocations and act as patient capital. Zhongtai Securities and Hongta Securities announced share buyback plans, while Bosera Funds declared it will invest 50 million yuan in equity funds. Meanwhile, multiple listed companies including Flush, Chint Electrics, Hikvision, Juhua Group, and Shanghai Airport announced interim dividend plans. China Pacific Insurance said it will continue investing in stocks and ETFs in sectors such as technology growth, consumer, and new energy. Ping An Insurance stated it will boost investment in strategic emerging industries and advanced manufacturing. Zhongtai Securities plans to buy back shares worth 100 million to 200 million yuan, and Hongta Securities plans to buy back shares worth 50 million to 100 million yuan. Flush plans a cash dividend of 2 yuan per 10 shares, Chint Electrics plans 0.5 yuan per 10 shares, Hikvision plans 5.50 yuan per 10 shares, Juhua Group plans 2.20 yuan per 10 shares, and Shanghai Airport's controlling shareholder proposed raising the 2026 interim cash dividend payout ratio to around 55 percent.
China Pacific Insurance announces continued investment in tech growth, consumer, and new energy stocks and ETFs
China Pacific Insurance announced at midday on July 20 that the company will continue to leverage the long-term investment advantages of insurance funds, increase the proportion of equity allocation, and will subsequently continue to invest in stocks and ETFs in sectors such as tech growth, consumer, and new energy, supporting the cultivation and development of new quality productive forces and acting as genuine patient capital in the market. The company is also focusing on optimizing the dividend rhythm and actively preparing for interim profit distribution. According to the resolution of the 2025 shareholders' meeting, the board of directors is authorized to decide on the 2026 interim profit distribution plan, in order to enhance the stability, sustainability, and predictability of dividends, and further improve investor returns.
601601.CG · Capital · Positive Company announces increased equity allocation, dividend optimization, and interim profit distribution plan to enhance investor returns.
62 companies register for dividend rights today, Gujing Gongjiu most generous with 34 yuan per 10 shares
The implementation season for listed companies' dividends has entered an intensive phase. Today, a total of 62 companies are carrying out their distribution plans based on the equity registration date. Among them, 34 companies have a cash dividend of 1 yuan or more per 10 shares. Gujing Gongjiu is the most generous, distributing 34.00 yuan per 10 shares, followed by China Pacific Insurance and Grandblue Environment, with cash dividends of 11.50 yuan and 8.00 yuan per 10 shares respectively. In terms of share transfer ratios, Xintong Electronics has the highest ratio among companies implementing today, with 4.8 bonus shares and 5 yuan per 10 shares. Recently, some stocks with attached rights have seen pre-dividend rallies. Xintong Electronics has surged 38.94 percent over the past five trading days, while Gujing Gongjiu and Jiyuan Group have also risen by more than 13 percent.
Wang Mingchao Approved as Vice President of China Pacific Insurance
China Pacific Insurance has added a new vice president. On the evening of July 3, China Pacific Insurance Group announced that it had recently received approval from the National Financial Regulatory Administration for Wang Mingchao to serve as vice president of the company. Born in October 1976, Wang was previously the human resources director of China Pacific Insurance, holding a postgraduate degree, a master's degree, and senior human resources manager qualifications. He has served as head of the party affairs and organization department at CPIC Life, as well as deputy general manager and senior deputy general manager of CPIC Life's Shanghai branch.
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