Ping An Increases Equity Allocation, Insurance Fund Investment Grows 8.2% to RMB 6.2 Trillion

　In the first half of this year, Ping An's insurance fund investment reached RMB 6.2 trillion, an increase of 8.2% compared to the beginning of the year. Xie Yonglin, President and CEO of Ping An, stated at the earnings conference that Ping An has increased its investment allocation to stocks, focusing on two main aspects: first, those representing new productive forces, and second, high-dividend stocks.

　According to disclosures, as of June 30, 2025, Ping An's comprehensive investment return rate (non-annualized) for the first half of the year was 3.1%, up 0.3 percentage points year-on-year. Of the RMB 6.2 trillion insurance fund investment scale, fixed-income assets accounted for 79%, equity assets for 13%, and alternative and other investments for 8%.

　Fu Xin, Vice President and Chief Financial Officer of Ping An, stated at the earnings conference that Ping An's real estate investment scale was RMB 206 billion, accounting for only 3.3% of the total insurance fund investment scale, and 82% of it consisted of rental properties that contribute stable rental income.