China Life Assets: Stock investment risk factors reduced by 10%, releasing more funds for the stock market investment.

On May 7th, at a press conference held by the State Council Information Office, the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly announced a series of financial policies. Regarding the insurance fund policy, China Life Asset Management Co., Ltd. believes that the risk factor for stock investment has been reduced by 10%, directly reducing the risk capital occupied by insurance companies' equity assets and releasing more funds for stock market investments. Combined with the background of the previous increase in the proportion of equity investments of insurance funds, insurance companies are expected to increase their allocation to high-growth sectors, enhancing liquidity in the capital market. Additionally, the policy explicitly expands the pilot scope of long-term investment of insurance funds, with an expected addition of 60 billion yuan in pilot funding. China Life Asset Management Co., Ltd. believes that this will not only introduce incremental funds into the market, but also promote the participation of insurance funds in long-term projects such as infrastructure, green economy, and technological innovation, helping to implement national strategies.