Risk capital research in the first half of the year
In the first half of the year, insurance capital researched 263 listed companies that were more than 80% continuously expanding and the highest increase was more than 5 times. This year, reporter Su Xiangzheng, insurance capital has conducted intensive research on A-share listed companies.”Securities Daily” reporter according to the Oriental Fortune Choice combing shows that this year as of yesterday (June 25) closing, the insurance capital (insurance company + insurance asset management company) surveyed a total of 263 listed companies. From the development trend of the companies surveyed by the insurance capital, 217 of the 263 companies have an annual internal growth (unreinstated), accounting for 83%, and the highest increase is more than 500%.In the eyes of most people, listed companies surveyed by insurance companies are generally expanding but have a certain relationship with better fundamentals. However, the market situation this year is even a major reason. From the perspective of the industries of the companies surveyed, the “information transmission, software and information technology services” (CSRC industry (2012)) technology companies were surveyed the most, with a total of 44 companies, accounting for 17%; in general,There were 18 companies surveyed in chemical preparation, chemical raw materials and other industries; 5 companies in communications supporting services and communication transmission equipment companies were surveyed. From the frequency of surveys, large insurance companies such as China Life and Ping An are the most diligent. From yesterday, this year, the insurance capital found a total of 710 listed companies, down 13% from 806 times in the same period last year. Oriental Fortune Choice data shows that since this year, China Life has surveyed 93 listed companies; Ping An Pension has surveyed 36 listed companies.In addition, Xinhua Insurance, PICC, China Insurance, Happiness Life, etc. have gradually found listed companies. Take China Life Insurance as an example. In addition to the listed companies whose research scope includes Qingsong, Jiuqi Software, Huichuan Technology, Desaixiwei, Sunlord Electronics, East China Medicine, Yuxin Technology, Shenzhen Chiwan, China Merchants Port, XuediLong, Lixun Precision, etc. From the perspective of companies researched by venture capital, eight companies including Hikvision, Huichuan Technology, East China Medicine, Dabeinong, Guanglianda, Northern Huachuang, and Senma Clothing were found more than 10 times.Among them, Hikvision was surveyed 37 times on insurance capital, and 28 institutions have called them “stepping points.” In fact, since this year, the company has received a total of 1,002 financial institutions of various types, ranking first in the survey of institutions, and fund companies, private equity, and insurance have attracted attention.Orient Securities believes that Hikvision is a global security leader with a stable 北京桑拿体验网 team, strong R & D strength, and outstanding channel advantages; the security market is still worth looking forward to, and the company’s market share will continue to increase; innovative business as a new business for the company, from 2019 toIt will grow rapidly in 2021. Judging from the development trend of the company under study, according to a reporter from the Securities Daily, this year, 217 of the 263 listed companies surveyed by the insurance company have continued to grow (unreinstated) and 46 have changed since yesterday.Among them, 10 companies including Zhongjian Technology, Daily Interaction, New Media Shares, Leading Puzzle Manufacturing, Jinyi Technology, Mingyang Intelligent, Shun Ye (right protection), Longma Sanitation, and Tangrenshen rose more than 100%. The impact of equity investment on the profits of 天津夜网 insurance companies Although the investigation of insurance capital does not represent the actual investment, research is an important change before the investment of insurance capital, and alternative discoveries to a company or industry can also reflect the development prospects of this fieldunderstanding. In addition, since this year, the supervision has frequently encouraged insurance capital to enter the market as long-term funds. As long as the news reports that the scale of insurance companies’ equity investment is expected to increase by another 10% to 40%, in this context, the exploration of insurance capital is more valued by listed companies. From the insurance fund utilization survey data recently released by China Insurance Asset Management Association, as of the end of 2018, the asset allocation of insurance companies is still mainly solid income, with bond investment accounting for 39% and bank deposits accounting for 12.3%, financial product assets accounted for 18.5%, stocks and public funds accounted for only 10.8%, the equity investment ratio is far below the regulatory upper limit. In addition, the latest data from the China Banking Regulatory Commission showed that as of the end of April this year, the balance of funds used by the insurance industry was 16.$ 99 trillion, of which about 2 were invested in equity and securities investment funds.14 trillion yuan, accounting for about 12.6%. Although the investment ratio has been further increased from the end of the previous year, there is still room for improvement in the actual insurance equity investment ratio. In fact, although the proportion of equity investment in the overall asset allocation of insurance capital is not large, its impact on the profits of insurance companies penetrates.Tianfeng Securities believes that listed insurance companies have reported dazzling profits and premiums in the first quarter of this year. After the improvement of the asset side, it is confirmed that it can further increase the estimated net profit and increase the total growth.4%, net assets increased by 9 earlier.6%, the main reason is the growth of equity market. For the overweight equity investment in insurance funds, Song Jin, an analyst at Shengang Securities, believes that “at present only bonds and equity investments can meet the requirements for insurance capital income.”Compared with bonds and equity, the benefits of non-standard assets have just been realized. The amount of investment research required for insurance companies is higher than the expected return rate of various insurance companies.Means the end of old investment ideas.