Owner & Wealth

10-12-2026 19:41:00 CreditEase Group, one of the earliest third-party wealth management platforms in China, is reportedly under investigation by Beijing police following defaults on its wealth products, and its actual controllers have been subjected to criminal measures.
09-24-2026 10:31:00 The Hong Kong government is said to be aiming to raise between HK$15 billion and HK$20 billion (US$1.9 billion to US$2.6 billion) by issuing multi-currency digital green bonds in US dollars, Hong Kong dollars, euros, and offshore RMB, which would make it the largest bond deal of this kind globally.
09-22-2026 10:50:00 China Life Pension Company Limited revealed that the AUM for its third pillar business, which involves voluntary individual private pensions, surpassed CNY 100 billion (approximately US$15 billion), making it the industry leader.
09-21-2026 19:31:00 The People's Bank of China (PBoC) announced its intention to issue six-month bills totaling 60 billion yuan (approximately US$8.96 billion) through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA) on 23 September.
09-18-2026 13:11:00 According to the China Banking and Insurance Asset Management Association, by the end of 2025, the value of 127 mainland insurance companies invested in Hong Kong stocks through the Stock Connect program stood at CNY 1.61 trillion (around US$240 billion), representing a YoY growth of 112%, with a financial return rate of 11.9%.
09-18-2026 13:07:00 According to the China Banking and Insurance Asset Management Association, in 2025, the total overseas investments made by 37 mainland insurance companies in foreign currencies reached US$90.129 billion, marking a year-on-year increase of 13.9%, the highest growth rate in nearly five years.
09-16-2026 20:19:00 On 8 September, the China-ASEAN Joint Investment Council was formed, spearheaded by China Investment Corporation and involving sovereign wealth and pension funds from various ASEAN nations, such as the Indonesian Investment Authority (INA), the National Petroleum Fund of the Republic of Azerbaijan (SOFAZ), the Government Pension Fund of Thailand (GPF), and Malaysia's Khazanah Nasional Berhad.
09-15-2026 16:59:00 The Shenzhen State-owned Assets Supervision and Administration Commission (Shenzhen SASAC) recently revealed that by the end of 2025, Shenzhen had set up over 500 state-owned asset funds, with total AUM surpassing CNY 700 billion (approximately US$104.3 billion). Of these funds, 90% were allocated to Shenzhen's strategic emerging and future industries.
09-14-2026 18:11:00 As of the end of August, the mainland bank wealth management market was reportedly about CNY 35.4 trillion (around US$5.28 trillion) in total. Of that, the outstanding assets of the 14 bank wealth management companies with AUM exceeding CNY 1 trillion grew by roughly CNY 1.96 trillion over the first eight months of this year.
09-14-2026 18:02:00 The Hong Kong Monetary Authority (HKMA) published the main analytical accounts of the Exchange Fund by 31 August 2026, revealing that the foreign assets, which constitute the external assets of the Exchange Fund, declined by HK$41.8 billion during the month, reaching HK$3,652.7 billion (around US$465.68 billion).
09-09-2026 15:52:00 According to Wind, during the first eight months of this year, the average investment return of 1,570 portfolio-type insurance asset management products in the mainland market was 3.75%, representing a YoY decline. The median return was 2.80%, which is an increase of 0.91 percentage points compared to the previous year. Additionally, 1,334 products, or 85%, recorded positive returns.
09-09-2026 12:10:00 According to reports, the National Social Security Fund (NSSF) is set to receive approval to invest in offshore bonds via the Southbound Bond Connect scheme. At the same time, the NSSF intends to invest in Dim Sum bonds through external asset management firms.
09-08-2026 17:07:00 On 7 September, New China Life Insurance entered into an investment agreement with Brookfield Asset Management to invest CNY 4 billion (around US$596 million) in the Brookfield China New Energy Fund. This fund is Brookfield's first RMB-denominated energy fund focused on high-quality, operational new energy power generation assets in China with long-term contractual guarantees, such as wind power, solar photovoltaics, and energy storage.
09-07-2026 19:37:00 According to the People's Bank of China (PBoC), China's gold reserves increased to 76.73 million ounces by the end of August, representing the 22nd month in a row of growth.
09-03-2026 19:24:00 Data indicates that "hard technology" has become a major focus for both the NSSF and mainland insurance capital as they expanded their holdings in Q2 this year. By June 30, the NSSF owned 141 stocks in the hard technology sector, with a total market value of 67.664 billion yuan. During Q2, they added 48 new stocks and increased holdings in 40 stocks, resulting in a market value growth of 27.473 billion yuan. Meanwhile, insurance assets held 128 hard technology stocks at the end of June, valued at 80.728 billion yuan. In the same quarter, they added 41 new stocks and increased holdings in 52 stocks, leading to a market value increase of 35.594 billion yuan.
09-02-2026 19:24:00 According to the recently released first-half financial reports from five JV wealth management firms in the Chinese Mainland, BNP Paribas ABC led the rankings with 98 products and AUM totaling CNY 118.56 billion (around US$17.64 billion). It was followed by Schroder BOCOM with 281 products and CNY 51.03 billion in AUM, BlackRock CCB with 121 products and CNY 48.74 billion, Goldman Sachs ICBC with 92 products and CNY 43.97 billion, and Amundi BOC with 422 products and CNY 31.21 billion.
09-01-2026 18:33:00 On 1 September, the National Council for Social Security Fund (NCSSF) published the 2025 Annual Report of the National Social Security Fund (NSSF), revealing that in 2025, the NSSF achieved an investment income of CNY 390.67 billion (about US$58.13 billion), with an annual return rate of 13.22%.
08-31-2026 19:30:00 On 31 August, the Hong Kong Monetary Authority (HKMA) reported that as of 31 July, the Exchange Fund's total assets amounted to HK$4,403.7 billion (about US$561.83 billion), representing a decline of HK$59.9 billion compared to the end of June. Within this total, Hong Kong dollar assets fell by HK$77.2 billion, whereas foreign currency assets rose by HK$17.3 billion.
08-31-2026 19:15:00 The five leading A-share listed insurance companies — China Life, PICC, Ping An, CPIC, and New China Life — reportedly recorded a combined net profit attributable to their parent company shareholders of CNY 317.38 billion (around US$47.18 billion) in H1 2026, marking a YoY increase of 78.11%. Among them, China Life posted a net profit attributable to its parent company of CNY 134.49 billion (about US$20 billion), representing a substantial YoY growth of 228.6%, ranking first in both size and growth rate.
08-28-2026 19:27:00 On 28 August, PICC published its 2026 semi-annual report, revealing that in the first half of this year, the company generated total operating revenue of CNY 355.115 billion (about US$52.85 billion), marking a 9.6% YoY growth. Additionally, the net profit attributable to the parent company's shareholders reached CNY 36.745 billion (around US$5.47 billion), representing a 38.5% increase compared to the same period last year.
08-27-2026 20:03:00 Multiple bank wealth management firms, such as ICBC Wealth, ABC Wealth, PSBC Wealth, and CIB Wealth, have reportedly announced that they will change the performance benchmarks for certain wealth management products. The benchmarks will shift from a numerical range format to a formula-based system tied to different market indicators, including bond indices, deposit rates, and stock indices.
08-27-2026 19:55:00 On 27 August, Yang Yucheng, Chairman of New China Life Insurance, announced at the 2026 interim results press conference that by the end of June, the company's investments in emerging productive sectors like integrated circuits, artificial intelligence, advanced manufacturing, and biomedicine had surpassed 220 billion yuan (approximately US$32.72 billion).
08-27-2026 19:50:00 On 27 August, China Life Insurance reported operating revenue of CNY 434.307 billion (about US$64.60 billion) for the first half of the year, marking an 81.5% increase compared to the same period last year. The net profit attributable to the parent company's shareholders reached CNY 134.489 billion (about US$20.01 billion), representing a 228.6% YoY growth. This strong performance was primarily driven by the company's ongoing efforts to strengthen asset-liability management, improve asset allocation, and secure favorable investment outcomes.
08-26-2026 18:17:00 CITIC Financial Holdings recently published the "Domestic Asset Management Industry Report (H1 2026)," which revealed that by 30 June, the total size of asset management industry in the Chinese Mainland had reached CNY 191.71 trillion (approximately US$28.53 trillion), marking a 3.89% increase compared to the end of 2025. Among these, mutual funds, insurance assets, and bank wealth management were the top three sectors, with sizes of CNY 39.67 trillion (21%), CNY 39.44 trillion (21%), and CNY 33.66 trillion (17%), respectively.
08-21-2026 18:33:00 On 21 August, China Investment Corporation (CIC), China's sovereign wealth fund, announced that Wei WU would take on the roles of vice chairman and general manager, replacing Haoling LIU, who was appointed vice chairman of the China Securities Regulatory Commission (CSRC) in April of this year.

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