Hong Kong domestic insurance stocks continued to rise, China Pacific Insurance (02601.HK) rose nearly 6%, China Property and Casualty Insurance (02328.HK) rose more than 5%, China Life (02628.HK), Xinhua Insurance (01336.HK) rose more than 4%, China Ping An (02318.HK), China Pacific Insurance (02601.HK) rose more than 3%.
China Life Insurance (02628. HK) had a net profit of 21.11 billion yuan for the full year of 2023, compared to 32.082 billion yuan in the same period last year, a year-on-year decrease of 34.2%.