New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan () is a Chinese life insurance company based in Beijing. The
Chinese government
The Government of the People's Republic of China () is an authoritarian political system in the People's Republic of China under the exclusive political leadership of the Chinese Communist Party (CCP). It consists of legislative, executive, mili ...
owns more than half of the shares of the company via sovereign fund
Central Huijin, via state-owned enterprise
Baosteel Group
China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned pe ...
and a financial service company
China Securities Finance
China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as ...
.
The company is a constituent of stock market indice
SSE 50 Index
SSE 50 Index is the stock index of Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others ...
(blue chip of Shanghai Stock Exchange),
CSI 300 Index
The CSI 300 () is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes: the CSI 100 Index and the CS ...
,
FTSE China A50 Index
FTSE China A50 Index (was known as FTSE–Xinhua China A50 Index) is a stock market index by FTSE Group (FTSE–Xinhua joint venture until 2010), the components were chosen from Shanghai Stock Exchange and Shenzhen Stock Exchange, which issue A-sh ...
and
Hang Seng China Enterprises Index
Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip.
H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainlan ...
.
The company was ranked 427th in 2016
Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine.
Methodology
Until 1989, it listed onl ...
and 297th in 2016
Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profi ...
.
Equity investments
The company invested the premium received to several publicly traded company of China, notably
Hikvision
Hangzhou Hikvision Digital Technology Co., Ltd., often shortened to Hikvision, is a Chinese state-owned manufacturer and supplier of video surveillance equipment for civilian and military purposes, headquartered in Hangzhou, Zhejiang. Due to it ...
(0.51% stake in 2015),
Industrial Bank (0.21% stake in 2015) and
Tianqi Lithium
Tianqi Lithium Corp (; previously Sichuan Tianqi Lithium Industries, Inc.) is a Chinese mining and manufacturing company based in Sichuan.
As of 2018, the company controls more 46% of the production of lithium worldwide.
Production
World product ...
(5.20% stake in 2015).
[
]
Shareholders
;Top 10 shareholders
[
* ]State Council of the People's Republic of China
The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...
(47.36%, as A shares)
** Central Huijin Investment
Central Huijin Investment Co., Ltd. is a Chinese investment company owned by the Central People's Government, government of the People's Republic of China. Established in 2003, it became a wholly owned subsidiary of China Investment Corporation, w ...
(32.25%, as A shares)
** China Baowu Steel Group
China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned pe ...
(15.11%, as A shares)
* Swiss Re
Swiss Reinsurance Company Ltd,
Swiss Re. Retrieved on 18 January 2011. "Swiss Reinsurance Company Ltd ("Swiss Re") ...
(4.90%, as H shares)
* Fosun International
Fosun International Limited is a Chinese multinational conglomerate holding company. Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Q ...
(3.28%, as H shares)
* China Securities Finance
China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as ...
(2.70%, as A shares)
* BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...
(1.92%, as H shares)
* Beijing Taiji Huaqing Information System (0.71%, as A shares)
* Tibet Shannan Xinshang Investment Management (0.36%, as A shares)
* HFT Investment Management HFT may refer to:
* Hammerfest Airport, in Norway
* Harbor Freight Tools, an American retailer
* High-flow therapy, a method of delivering respiratory gases
* High-frequency trading, type of algorithmic trading
* Hoh Fuk Tong stop (MTR station co ...
– Agricultural Bank of China
Agricultural Bank of China (ABC), also known as AgBank, is one of the " Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, Lond ...
– Huaneng Guicheng Trust: No.3 Assembled Funds Trust Plan of HFT Securities Investment (0.24%, as A shares)
* Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank.
Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the ...
: Harvest New Opportunity Flexible Allocation Mixed Launched Securities Investment Fund (0.23%, as A shares)
*Note: As all the H shares were held by a proxy: HKSCC Nominees Limited, as well the threshold to disclose the share holding was 5% (of total H shares capital), the list may incomplete.
References
External links
*
{{authority control
Companies listed on the Shanghai Stock Exchange
Companies in the CSI 100 Index
Companies in the Hang Seng China Enterprises Index
Companies listed on the Hong Kong Stock Exchange
Insurance companies of China
Companies based in Beijing
Financial services companies established in 1996
H shares
Chinese brands
Chinese companies established in 1996
Baowu
Government-owned companies of China
China Investment Corporation
Government-owned insurance companies