Huijin made a move, insurance institutions are also "buying, buying, buying", and these ETFs have been significantly increased

Reporter: Huang Xiaocong Editor: Peng Shuiping

I still remember that on October 23 last year, Central Huijin announced that it would buy exchange-traded funds (ETFs) and would continue to increase its holdings in the future. With the successive disclosure of the fund's 2023 annual report, Central Huijin's buying figure began to appear on many ETFs.

In addition, Central Huijin Asset Management Co., Ltd. and Huijin Asset Management Single Asset Management Plan are also constantly buying. 

In addition to Huijin, the reporter noted that a number of insurance institutions were also buying aggressively in the fourth quarter of last year, and the data disclosed so far showed that Chinese Life Insurance Co., Ltd. has appeared in the list of the top ten holders of 23 funds, and more than half of them have increased their positions.

Huijin bought these ETFs in a big way

From October 18 to October 23 last year, there was a wave of rapid adjustment in the A-share market, and Central Huijin announced on October 23 that it would buy exchange-traded funds (ETFs) on that day and will continue to increase its holdings in the future.

However, at that time, Central Huijin did not disclose which ETFs it bought, and investors only noticed from the share changes in the ETF market that some CSI 300 ETFs and other products had obvious share changes. 

With the successive disclosure of the fund's 2023 annual report, Central Huijin's action has finally surfaced.

Specifically, the list of the top 10 holders of ChinaAMC SSE 50 ETF shows that the holdings of Central Huijin increased from about 6.7 billion shares at the time of the mid-report in 2023 to about 12.4 billion shares at the end of 2023, the list of the top 10 holders of ChinaAMC CSI 300 ETF shows that the holdings of Central Huijin Company increased from 1.8 billion shares at the time of the mid-report in 2023 to 2.9 billion shares at the end of 2023, and the list of the top 10 holders of Harvest CSI 300 ETF shows that the holdings of Central Huijin Company increased from 80 million shares at the time of the mid-report in 2023 to 2.7 billion shares at the end of 2023.

It is worth noting that Central Huijin previously held the Huaan SSE 180 ETF, but did not increase its position in this ETF in the fourth quarter of last year.

Huijin Asset Management is also buying

In addition to Central Huijin, the reporter noticed that Central Huijin Asset Management Co., Ltd. (hereinafter referred to as Huijin Asset Management), a subsidiary of Central Huijin Company, is also buying ETFs.

According to the list of the top 10 holders of the Harvest CSI 300 ETF, Huijin Asset Management's holdings increased from 604 million shares at the time of the mid-2023 report to 628 million shares at the end of 2023.

In addition, the number of ETFs held and the share held by the "ChinaAMC-Central Huijin Asset Management Co., Ltd.-ChinaAMC-Huijin Asset Management Single Asset Management Plan" have also undergone significant changes.

Among them, there has been a significant increase in the holdings of products such as ChinaAMC CNI Semiconductor Chip ETF, Penghua CSI Subdivision Chemical Industry Theme ETF, ChinaAMC CSI Robot ETF, and Harvest CSI Rare Earth Industry ETF. However, it also slightly reduced its holdings in ChinaAMC CSI New Energy Vehicle ETF.

Insurance agencies are also "buying, buying, buying" 

In addition to Huijin's shot, the reporter also found that the buying action of insurance institutions is also quite obvious.

Judging from the disclosed data, Chinese Life Insurance Co., Ltd., New China Life Insurance Co., Ltd., Chinese Life Insurance (Group) Company, Chinese Life Reinsurance Co., Ltd. and many other companies have increased their fund shares by more than 100 million.

In particular, Chinese Life Insurance Co., Ltd., the data disclosed so far has appeared in the list of the top ten holders of 23 funds, and more than half of the funds have increased their positions. In addition, there are many funds that are new to holdings.

As the fund's 2023 annual report continues to be disclosed, more and more position information has surfaced, and the positions of these institutions may have greater changes.

National Business Daily