Liu Hui, Vice President and Chief Investment Officer of CHINA LIFE (02628.HK) +0.180 (+1.779%) Short selling $96.61M; Ratio 15.408% (601628.SH) +0.490 (+1.686%) , said at the 2023 annual results conference that the Company's exposure to real estate investment is relatively small, and its physical assets are mainly concentrated in core assets in the core areas of first- and second-tier cities. In the medium- to long-term, the supply and demand relationship in the real estate market will undergo significant changes, and the progress of urbanization in China and the "three major projects" will support the market. Related NewsM Stanley: AIA (01299.HK) & CN Insurers Could be Good Rebound PicksWith structural adjustment and upgrading and transformation, the overall stable and healthy development of the real estate industry can be expected, Liu believed. CHINA LIFE will cautiously launch its investment distribution.Liu emphasized that CHINA LIFE places great emphasis on allocating to stocks with high quality and high dividend, and will appropriately increase its allocation in the future.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-26 16:25.) (A Shares quote is delayed for at least 15 mins.)