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Changes in Hong Kong stocks | Domestic insurance stocks collectively rose, net profit returned to mother in the first half of the year, and the overall valuation of the Hong Kong stock insurance sector is at a historically low level
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The Zhitong Finance App learned that domestic insurance stocks rose collectively. As of press release, China Life Insurance (02628) rose 4.12% to HK$27.8; China Financial Insurance (02328) rose 3.8% to HK$16.12; Ping An (02318) rose 3.6% to HK$56.05; and Xinhua Insurance (01336) rose 2.86% to HK$47.48.

According to the news, data recently released by the China General Administration of Financial Supervision shows that the main indicators of the 1H26 insurance industry have maintained steady growth, the scale of assets continues to expand, and the year-on-year growth rate of premium income, compensation and benefit expenses is at a reasonable level. In particular, since 2Q26, the financial insurance business structure has been optimized and the momentum for revenue growth has further increased.

BOC International pointed out that due to capital market performance, investment income disrupted insurance companies' profits to a certain extent in 1Q26, but there was a marked improvement in 2Q26, which is expected to drive an overall improvement in net profit returned to mother in the first half of the year. Currently, the valuation of the Hong Kong stock insurance sector is still at a historically low level, and the margin of safety is sufficient. In particular, leading insurers have relatively outstanding allocation value due to the recovery of the capital market and the recovery of industry profits.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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