The Zhitong Finance App learned that Sunshine Insurance (06963) rose more than 5% in the afternoon. As of press release, it had risen 5.07% to HK$3.62, with a turnover of HK$4,079,800.
According to the news, on August 28, Sunshine Insurance announced its 2026 interim results, with insurance service revenue of 32.355 billion yuan, a year-on-year decrease of 0.3%; total premium income of 90.906 billion yuan, up 12.5% year on year; net profit attributable to shareholders of the parent company of 4.694 billion yuan, up 38.5% year on year; and earnings per share of 0.41 yuan. The Group's value was $129.43 billion, up 7.2% from the end of the previous year. At the end of June 2026, the number of active customers was 32.127 million. In the first half of 2026, Sunshine Life achieved total premium income of 67.16 billion yuan, an increase of 21.1% over the previous year; achieved a new business value of 4.66 billion yuan, an increase of 16.4% over the previous year.
It is worth mentioning that Sunshine Insurance has proven with steady performance that during the painful period of the industry moving towards high-quality development, the company has the ability to cross the cycle with differentiated competitive advantages. This performance is triggering the capital market to re-examine the investment value of Sunshine Insurance, and several brokerage firm research reports have provided strong supporting evidence. Among them, Orient Securities said that Sunshine Life Insurance's banking insurance is driving rapid growth in new orders and NBV, improving underwriting profits in the core financial insurance business, and increasing investment asset expansion and equity allocation to enhance income elasticity. It gave Sunshine Insurance a “buy” rating based on expectations that the fundamentals of Sunshine Insurance will continue to improve. The target price is HK$5.35, which has room for a significant increase from the closing price of HK$3.45 on August 28.