According to Jin10, some insurance institutions recently received a letter clarifying the regulatory approach for insurance funds investing in Hong Kong Stock Connect ETFs, and institutions permitted under regulations to invest in Hong Kong Stock Connect stocks may also invest in Hong Kong Stock Connect ETFs under the relevant rules for insurance funds investing in Hong Kong Stock Connect stocks. The regulatory approach took effect on September 20. The move aims to optimize the structure of insurance asset allocation and standardize insurance funds' investment in exchange-traded funds included in the Mainland-Hong Kong stock market trading connectivity mechanism.