On March 26, financial reports revealed CHINA TAIPING's 2025 investment performance: total investment income continued to grow, reaching HKD 66.8 billion, with net investment income at HKD 53 billion, a year-on-year increase of 5.2%.

Behind these figures lies a more critical structural shift—the proportion of net investment income rose to 79.3%, up 3.7 percentage points from the previous year. This indicates that nearly 80% of the company's investment returns now come from stable, long-term sources such as dividends and interest, reducing reliance on price differential gains, which are more sensitive to market fluctuations. Throughout the year, CHINA TAIPING increased its investments in A-shares, with the equity asset ratio rising by 3.4 percentage points compared to the end of 2024, successfully meeting the requirement to invest 30% of new premiums in A-shares. Dividend income also saw a year-on-year increase, with high-dividend assets becoming a key anchor for stable returns.

Yang Minggang, Vice President of CHINA TAIPING, stated that in response to significant market volatility in the first half of the year, the company implemented management measures in the second half centered on "one adherence and four enhancements": adhering to an investment philosophy of "seeking returns through asset allocation," strengthening efforts to promote medium- to long-term capital market participation, enhancing top-down collective decision-making, improving comprehensive research support across the entire chain, and refining the detailed management of traditional, participating, and property insurance accounts. In 2026, CHINA TAIPING will continue to leverage the unique advantages of insurance funds—abundant supply and long duration—to act as a "ballast" and "stabilizer" for the capital market. On the equity side, the focus will be on new quality productive forces, while also investing in high-dividend stocks to control volatility. On the fixed-income side, the strategy will prioritize allocation over trading, locking in returns at relatively high interest rates. For overseas investments, risk prevention will remain the priority, with fixed-income investments concentrated in high-grade credit bonds and equity investments primarily in Hong Kong stocks.