The Research Of Share-holding Preferences Of Chinese Insmance Companies

In 2016,From WakerProperty to CSG Holding,and then to China construction and Gree Electric Appliances,Insurance companies Holding listed companies Sparked huge shock vibration.The original purpose of Insurance companies Holding listed companies was to maintain the healthy and stable development of capital market.However,some companies are investing aggressively in A stock market in pursuit of higher profits.Radical investment raises risk and becomes the barbarian of the crowd.These barbarians,on the fringes of policy and regulation,have ballooned,making financial risks much more dramatic and raising the stakes.In this context,it is more and more important to study the investment behavior of chinese insurance companies,and the investment characteristics of insurance companies are best reflected in the shareholding preference.Therefore,it is more and more important to study the shareholding preference of chinese insurance companies.This paper mainly uses the annual data of sharnghai-shenzhen a-share listed companies from 2009 to 2016 to make an empirical analysis of the stock holding preference of chinese insurance companies.Logistic regression analysis was used to study the influence of 11 independent variables selected in this paper on the shareholding status of chinese insurance companies in the year and future.Multiple regression analysis was used to study the influence of 11 independent variables selected in this paper on the size of the shareholding ratio of chinese insurance companies in the year and the future.At the same time,the sample is also used to descriptive analysis and correlation analysis and synlinear diagnosis to ensure the effectiveness of the research conclusions.Through empirical analysis,the conclusions are as follows:(1)Chinese insurance companies prefer stocks with strong profitability,good liquidity and low risk.At the same time,the profitability,company size,liquidity and risk index of listed companies will affect Chinese insurance companies's shareholding preference in the next year.(2)The financial condition of the listed company has a great impact on the size of chinese insurance companies and the future year.The better the financial condition of the listed company,the greater the proportion of the shares of chinese insurance companies.(3)The listed age and stock prices of listed companies had a great influence on t chinese insurance companies when the size of the stake,the listed company listed the longer the age and the stock price is lower,chinese insurance companies that holds the greater the proportion of the shares.(4)The company size of listed companies to insurance company in the future one year has great influence on the size of the stake,the listed company of the company size,the greater chinese insurance companies in the future one year hold the greater the proportion of the shares.This paper finally puts forward some Suggestions on how to promote the healthy and stable development of capital market.