Multi-line Insurance

CPIC

Xian Lianshe Research Institute estimates Q1 2026 life insurance agents' average monthly income at around 6,000 yuan

CPIC Boosts AI Investment, Aiming for Double Spending in 2026

Fujian Buys 10,000 Shares of China Pacific Insurance

HSBC Raises Target Price on China Taiping and Maintains Buy Rating

Morgan Stanley and DBS Maintain Buy Rating on China Pacific Insurance

CPIC Insurance Reports 4.30% Increase in Net Profit for Q1 2026

CPIC released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 69.41 B, actual EPS CNY 0

CPIC FY2026 Q1 Earnings Release Scheduled for April 28 After-Market BJT

CPIC P&C Insurance Launches Low-altitude Comprehensive Liability Insurance for Unmanned Aerial Vehicles in Logistics

Citi Downgrades Ping An's Target Price but Maintains Buy Rating

Morgan Stanley cuts target price for China Pacific Insurance to HKD46

China Taiping Life Insurance CEO Discusses Systemic Approach for National Long-Term Care Insurance Rollout and Commercial LTC Insurance Upgrade

TPIC Issued a CNY 860 Million Data Center Holding-Type Real Estate Asset Support Special Plan

CPIC Implements Internationalization Strategy to Enhance Cross-border Financial Services

JPMorgan Raises Stake in China Pacific Insurance to 10.01%

China Pacific Announces Annual Operating Performance, Showcasing Progress of Taibao Home Senior Living Communities

CPIC P&C in 2025 Promoted Agricultural Insurance to Support National Food Security

Ping An Asset Management Co., Ltd. Increases Stake in China Pacific Insurance to 10%

CPIC Convenes 2025 Annual Performance Briefing and Announces Performance and Dividend Plans

CPIC Announces Future Vision and Strategic Plans at 2025 Annual Earnings Conference

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CICC reports that Chinese-funded insurers' share prices have lagged behind the market rebound since April. It anticipates a reversal of the short-term capital overhang and a valuation recovery, recommending CPIC, PING AN, CHINA TAIPING, CHINA LIFE, and PICC P&C. The report highlights the need for a long-term recovery logic, emphasizing the importance of growth in individual agent channels and protection-type products for enhancing profitability and shareholder returns.

AASTOCKS News

Ping An

China Life

Ping An Insurance

PING AN

CICC

CHINA TAIPING

CHINA LIFE

PICC P&C

PING AN-R

CICC: Short-term Capital Overhang to Reverse; Expects Valuation Recovery in Mainland Insurers, Recommends CPIC , PING AN  etc.

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The Shanghai and Shenzhen A-share indices gained between 0.1% and 0.4% at midday, recovering from earlier losses. The Shanghai Composite Index rose to 4,218, while the Shenzhen Component Index reached 15,881. However, CHINA PACIFIC INSURANCE saw a significant drop of over 4%. The market is closely watching an upcoming meeting between Chinese and US leaders, with the RMB central parity against the USD set at 6.8431. The People's Bank of China conducted a reverse repo operation, resulting in a net liquidity withdrawal of RMB25.5 billion.

Shenzhen Index

SSE Index

ChiNext

ICBC

BYD COMPANY

CATL

SMIC

Hua Hong

HUA HONG SEMI

Cambricon

Moore Threads

Montage Technology

YOFC

Vanke

CHINA VANKE

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

CATL HK SDR 30to1

SMIC HK SDR 5to1

MONTAGE TECH

Shanghai & Shenzhen A-shares' Three Major Indices Gain 0.1% to 0.4% at Midday; CHINA PACIFIC INSURANCE  Slumps Over 4%

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Yesterday, Prudential's stock price surged by 4.04% at the close, with a trading volume of approximately HKD 42.95 million. The price and volume were well-coordinated, clearly breaking through the recent consolidation range. The MACD daily bullish signal has been established with strong momentum, and the short-term momentum indicators are accelerating divergence, which usually indicates that buying power is forming a consistent directional expectation, confirming a phase of upward trend. In terms of market performance, the stock price maintained strength throughout the day, closing in the high range of the day, with clear signals of bullish control. On the news front, the insurance sector collectively strengthened yesterday, with China Life rising by 4.28%, PICC P&C by 5.91%, CPIC by 3.37%, and AIA by 1.94%, forming a strong collective breakout trend in the sector. Prudential, as an international insurance giant covering the Asian and African markets, benefits from the long-term logic of increasing insurance penetration in emerging Asian markets. Recently, although Federal Reserve officials warned of inflation risks and the possibility of interest rate hikes, the high interest rates provide positive support for the investment income of insurance companies. The improvement in market risk appetite driven by the ceasefire sentiment also favors the valuation recovery of insurance stocks. Technically, the stock price has broken through the 5-day and 10-day moving average resistance, and the short-term moving average system is beginning to shift to a bullish arrangement. The trading volume has significantly increased compared to previous days, making the breakout action effective. The overall strength of the insurance sector provides strong support for individual stocks, and today it is necessary to pay attention to whether the sector's heat can continue. The short-term trend is biased towards bullish, with sector resonance combined with individual stock technical breakthroughs, indicating a high signal strength

Technical Forecast

Prudential plc

Prudential

Prudential USD

AIA-R

AIA Group

Pre-market trend | Prudential (2378.HK) surged over 4% on May 7 with increased volume, are the main players in the insurance sector buying up?

Morgan Stanley has maintained a Buy rating on China Pacific Insurance (Group) Co (CHPXF) with a price target of HK$46.00, while the shares closed at HK$32.06. The analyst consensus suggests a Strong Buy rating with an average price target of HK$42.70, indicating a potential upside of 33.20%. Additionally, DBS also supports a Buy rating with a price target of HK$45.00.

Tip Ranks

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Morgan Stanley Keeps Their Buy Rating on China Pacific Insurance (Group) Co (CHPXF)

CPICreported a net profit of RMB10.041 billion for Q1 2026, marking a 4.3% increase year-on-year. Operating revenue was RMB92.547 billion, down 1.2% YoY. The company achieved gross written premiums of RMB116.277 billion, with new regular premiums rising 41.4% YoY. The net investment yield decreased to 0.7%. CPIC P&C saw original insurance premium income of RMB63.028 billion, a slight decline of 0.3% YoY. The comprehensive underwriting combined ratio improved to 96.1%.

CPIC  1Q26 Net Profit RMB10.041B, Up 4.3% YoY

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BOCOM International has raised its target price for China Taipingto HKD26.5, reflecting a significant 220.9% year-on-year increase in net profit attributable to shareholders for 2025. The firm anticipates steady growth in the insurance business, with the value of new business projected to reach HKD10.6 billion in 2026. The broker maintains a Buy rating, citing improvements in operational quality and efficiency, alongside a decline in the combined ratio from 98.8% in 2025 to around 98.2% in 2026. The company's share price has risen approximately 14% since 2026.

BOCOM INTL

BOCOM International Raises China Taiping  TP to HKD26.5; Explosive Growth in Last Year Results

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According to recent research from within the insurance industry, personal insurance companies have successively begun to implement suitability management for insurance products and sales personnel. In particular, as a preliminary procedure for suitability management and a firewall against product mismatch, the action of "labeling" insurance products by classification has been widely adopted across the industry—insurance products or specific information disclosures have updated their product classification and grading information. After classifying and grading insurance products, the industry is expected to further implement "seller responsibility" and promote the exploration and implementation of graded sales personnel. (China Securities Network)

36Kr

PICC Group

Investigation on Insurance Product Mismatch Firewall: Product Hierarchy Generally Implemented, Personnel Hierarchy Ready to Launch

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36Kr learned that the three major A-share indices closed mixed at noon, with the Shanghai Composite Index down 0.17%, the Shenzhen Component Index up 0.19%, and the ChiNext Index up 0.39%; fiberglass, lithium mines, and CPO concepts led the gains, with Grace and TUDI hitting the daily limit, T&S rising over 5%, while the shipping, energy equipment, and insurance sectors saw the largest declines, with COSCO Shipping Energy down over 4%, SK down over 3%, and CPIC down over 2%

TUDI

Grace

The three major A-share indices closed mixed at midday, with the fiberglass concept strengthening

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The annual report season for A-share insurance stocks has come to an end. The five major insurance companies actively increased equity investments in a low-interest-rate environment, achieving a total net profit attributable to shareholders of over 420 billion yuan in 2025, a year-on-year increase of more than 20%. Each insurance company has enhanced the scale and strategy of equity investments, emphasizing the allocation value of equity assets. Data shows that the stock investment scale of the five major insurance companies reached 2.5 trillion yuan, with the proportion of investment assets rising from 7.8% to 12.2%. The recovery of the capital market has brought substantial returns to the equity positions of insurance funds, enhancing performance elasticity

腾讯新闻 - 财经

E Fund CSI 300 Financials (ex Banks) ETF

PICC GROUP

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

Insight into the annual reports of five major insurance companies: How to add value to equity investments

CPIC(601601.SH)

CICC: Short-term Capital Overhang to Reverse; Expects Valuation Recovery in Mainland Insurers, Recommends CPIC , PING AN etc.

Shanghai & Shenzhen A-shares' Three Major Indices Gain 0.1% to 0.4% at Midday; CHINA PACIFIC INSURANCE Slumps Over 4%

Pre-market trend | Prudential (2378.HK) surged over 4% on May 7 with increased volume, are the main players in the insurance sector buying up?

Morgan Stanley Keeps Their Buy Rating on China Pacific Insurance (Group) Co (CHPXF)

CPIC 1Q26 Net Profit RMB10.041B, Up 4.3% YoY

BOCOM International Raises China Taiping TP to HKD26.5; Explosive Growth in Last Year Results

Investigation on Insurance Product Mismatch Firewall: Product Hierarchy Generally Implemented, Personnel Hierarchy Ready to Launch

The three major A-share indices closed mixed at midday, with the fiberglass concept strengthening

Insight into the annual reports of five major insurance companies: How to add value to equity investments