China Life(02628) 智通财经·2024-02-28 00:45Group 1 - China Life and Xinhua Insurance have jointly established a private equity fund with a total investment of 50 billion yuan, targeting high-quality listed companies with large market capitalization and good liquidity [1] - The Ministry of Housing and Urban-Rural Development has instructed cities to prepare housing development plans for the next two years to prevent market volatility [2] - The People's Bank of China is focusing on enhancing financial support for five key areas, including technology finance and green finance, while effectively utilizing monetary policy tools [3] Group 2 - The State-owned Assets Supervision and Administration Commission has outlined plans for a new round of state-owned enterprise reforms, aiming to complete over 70% of reform tasks in 2024 [4] - UBS reports that central Huijin and others have bought over 410 billion yuan through ETFs, indicating a low likelihood of short-term sell-offs [5] - The gaming industry has seen a significant increase in approvals, with 111 domestic games approved in February, signaling a positive regulatory environment [6] Group 3 - Bitcoin prices surged over 10%, reaching a two-year high of approximately 57,000 USD, with a month-on-month increase exceeding 30% [6] - Viking Therapeutics' weight loss drug trial results led to a stock price increase of over 121%, with 88% of patients in the treatment group losing 10% or more of their weight [6] - Positive earnings reports include CITIC Bo's net profit of 350 million yuan for 2023, a year-on-year increase of 696.31% [7]