Transfer of the three major insurance market positions to deal with oscillation increase the allocation of funds

As of yesterday, in the domestic A-share listed the 3 insurance shares three of the Quarterly Bulletin all appearances, the capital market by the deep impact of increases fell, the three major insurance companies have a substantial decline in performance. In addition to China Life Insurance (601,628, it shares) in the third quarter remained profitable, Ping An of China (601,318, it shares) and the China Pacific Insurance (601,601, it shares) in the third quarter were 7,807,000,000 yuan and a loss of 1,636,000,000 yuan. Analysts said the rate cut cycle may enter the further squeeze profit insurance space, in addition, due to the global capital markets has yet to stabilize, insurance companies, investment may continue to suffer losses.

The impact of the three major insurance giant's performance was mainly investment income shrunk dramatically, its main business remains a steady growth. Taibao is not directly affected by the sub-loan crisis, but the A-share market fall it still suffered heavy losses.

Increase the allocation of funds

The three insurance companies from the three Quarterly Bulletin published by the Zhong Canggu changes in the top 10, the three major insurance giants have had a more substantial Jiancang, and stepped up the allocation of funds shows that the future trend of the market is relatively cautious.

China Life Insurance in the third quarter of the existence of some of the larger profit for the reduction of assets, a reduction of approximately 108 million shares of CITIC Securities (600,030, it shares), the Industrial and Commercial Bank (601,398, it shares) 644,000,000 shares, China Construction Bank ( 601,939, it shares) of 600 million shares, China Shenhua (601,088, it shares) 999.6 million shares, Visa to invest the remaining 300 million shares have been all-out. Shanghai Pudong Development Bank will also be safe (600,000, it shares) to sell a large number of, by the end of June from the 279,000,000 shares to 124,000,000 shares. In addition, two monetary funds for the first time among the ranks of the safety of the 10 Chong Canggu. Ten Chong Canggu Taibao also been adjusted. Industrial and Commercial Bank of holders of its shares by the end of June has been the number of shares to 324,000,000 shares 8800, China Shenhua, Panzhihua Steel Vanadium (000,629, it shares) from the ranks of the top 10 Chong Canggu disappear, as well as an increase of the fund The number of configurations.

Analysts said insurance stocks also depends on the real reversal A shares to the general good, the insurance stocks have not yet finished, "the worst of times."