Anchored in Hong Kong as a strategic outpost, supporting high-level opening up to the outside world; China Pacific Insurance is accelerating and strengthening its internationalization layout.

Ask AI · How does China Taiping Insurance accelerate its globalization strategy through the Hong Kong bridgehead?

The internationalization strategy is a clear strategic choice for China Taiping Insurance to focus on long-term development and broaden the path to high-quality growth. It is also an important measure to implement the relevant plans for building Shanghai into an international financial center and to deeply integrate into the overall situation of national development. China Taiping Insurance always starts from serving national strategies and the real economy. Closely aligning with the two core functions of “cross-border financial services” and “offshore finance” in the construction of Shanghai International Financial Center, it adheres to the general tone of “making progress while maintaining stability.” It continues to provide comprehensive cross-border financial services, actively supports Chinese enterprises in “going global,” and, while fulfilling its responsibilities and commitments, achieves growth in economic value.

In terms of “going global,” China Taiping Insurance keeps pace with the steps of Chinese companies going overseas. While comprehensively enhancing cross-border service capabilities, it is based on Hong Kong licensed institutions, strengthening its role as an international strategic “bridgehead” and a “launch site” for business innovation. It gradually radiates to the world, participates in global risk governance, and continuously explores and practices in the field of internationalization. In the past decade, China Taiping Insurance has cumulatively provided more than 4.5 trillion yuan in risk protection for overseas businesses under the Belt and Road. It has underwritten over 1,000 major projects across more than 180 countries and regions worldwide, covering all scenarios including infrastructure development, technology cooperation, trade and economic exchanges, people-to-people and cultural exchanges, and safe development.

Meanwhile, China Taiping Insurance Life Hong Kong Company, through a professional, steady, and innovative development path, is rooted in the Hong Kong insurance market. China Taiping Insurance Life Hong Kong focuses on customer value as the core orientation. Relying on China Taiping Insurance’s rich in-country health and elderly care (health and wellness for aging) resources, it builds a comprehensive service system of “insurance + elderly care + services,” optimizes the customer experience, and creates differentiated competitive advantages. China Taiping Insurance Life Hong Kong is also committed to building a new model for coordinated development between domestic and overseas markets, becoming a provider of the best health and elderly care service solutions in the Hong Kong market.

In terms of “bringing in,” China Taiping Insurance is committed to continuously improving the internationalization level of its capital. As the first domestic insurance company listed simultaneously on the Shanghai, Hong Kong, and London stock exchanges, it has established a sustainable, market-oriented capital replenishment mechanism and optimized its equity structure. In September 2025, China Taiping Insurance issued Hong Kong dollar H-share convertible bonds. With zero coupon conditions, it ultimately achieved a premium issuance. The total financing size was HKD 15.556 billion. The subscription ratio by long-term investors exceeded 70%, and the conversion premium rate was 25%. China Taiping Insurance is the first domestic listed state-owned financial institution to issue H-share convertible bonds. This issuance is also a breakthrough by China Taiping Insurance in actively exploring offshore capital replenishment tools, improving capital operation efficiency, and optimizing its capital structure.

Currently, the world’s changes unseen in a century are accelerating. As a leading domestic comprehensive insurance group, China Taiping Insurance will take on a more proactive sense of responsibility. It will fully play the roles of the insurance industry as an economic shock absorber and a social stabilizer. Relying on its professional strengths, it will accelerate the improvement of its global service network and comprehensively enhance its cross-border integrated service capabilities.

In the future, China Taiping Insurance will continue to be guided by national strategies, benchmark against world-class enterprises, adopt a customer-demand-oriented approach, and, on the premise of risk being controllable, balance the relationship between safety and development. It will consolidate its development foundation through long-term capacity building, and advance its internationalization strategy step by step to help the company achieve high-quality development.