By the end of the third quarter, insurance funds held heavy positions in a total of 637 individual stocks.

As A-share listed companies have completed the disclosure of their third-quarter reports, the full picture of insurance capital's position adjustments and stock swaps in the third quarter has emerged. Wind data shows that as of the end of the third quarter, insurance capital appeared among the top ten circulating shareholders of 637 individual stocks in total, including 150 newly established heavily weighted positions. Overall, the industry distribution of insurance capital's heavily weighted stocks is balanced and the holding structure is dispersed, reflecting the "core + satellite" allocation strategy adopted in the equity allocation field. Interviewees believe that insurance capital will not bet on a single style, but will meet asset-liability management requirements through diversified allocation. Against the backdrop of low market interest rates and high volatility in the equity market, insurance companies still need to take multiple measures to strive for prudent operations.