Insurance funds have made 22 stake purchases this year, favoring undervalued and low-volatility assets

Insurance funds are becoming more aggressive in their stake acquisitions. Recently, Hongkang Life Insurance purchased shares of TG SMART ENERGY through the Hong Kong Stock Connect secondary market, increasing its shareholding to 5%, which triggered a stake acquisition. Information disclosed by the China Insurance Industry Association shows that there have been 22 stake acquisitions by insurance funds this year. Data indicates that insurance funds prefer assets with low valuations, low volatility, high dividends, and high earnings certainty. (21st Century Business Herald)