Insurance capital accelerated its equity allocation in Q2, with 6.4 trillion yuan deployed into equities; high-dividend sectors drew attention.

As of 11:17 on August 18, 2026, the China Securities Targeted ETF Huaxia (513910) for State-Owned Enterprises Dividend fell 0.46%, with a latest quote of 1.529 yuan. Intraday turnover reached 57 million yuan, and the turnover rate was 1.84%. Component stocks showed mixed performance: Orient Overseas International led gains (+3.84%), followed by China Coal Energy (+2.62%), Agricultural Bank of China (+2.54%), CNOOC (+2.01%), and COSCO Shipping Holdings (+1.52%). New China Insurance led declines (-3.37%), while China National Building Material (-3.33%), PICC Group (-2.64%), CRRC Corporation (-1.85%), and Sinopec Engineering (Group) (-1.83%) also fell.

In news developments, insurance capital increased its allocation to equity markets by 6.4 trillion yuan. By the end of Q2 2026, the scale of insurance funds in stocks and securities investment funds reached 6.4 trillion yuan, an increase of 0.7 trillion yuan from the beginning of the year, with nearly 0.5 trillion yuan added in Q2 alone, accounting for 70% of the half-year increment. This growth stems from active portfolio rebalancing and rising valuations of equity assets. Allocations are divided into OCI class (high dividend) and TPL class (capital gains). Insurance funds will continue to balance risk-return ratios, optimize equity allocation structures, and address challenges posed by low interest rates and spread compression.

The China Securities Targeted ETF Huaxia (513910) for State-Owned Enterprises Dividend now exceeds 3 billion yuan in scale, ranking first among similar indices. Combined with its triple premium attributes of 'state-owned enterprise + overseas exposure + high dividend,' its components are 100% controlled by central SOEs, covering sectors such as banking, transportation, telecommunications, and oil & gas. Supporting T+0 回转 trading, it serves as a high-quality defensive allocation tool during volatile market conditions.