HK Stock Market Move | ZA ONLINE (06060) soared by over 7%, with improvements in the asset-liability structure of insurance companies resonating. The company's original premium income for the first eight months increased by 7.29% compared to the same period last year.

ZA ONLINE (06060) rose by more than 7%, reaching a 5.01% increase at the time of publication, with a price of 10.9 Hong Kong dollars and a trading amount of 295.215 million Hong Kong dollars. In terms of news, on September 24, the State Council Information Office held a press conference where the central bank, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission announced a series of policies. Ping An Securities believes that the optimization of real estate policies such as the reduction of existing home loan interest rates, the promotion of insurance fund long-term investment reform, and the improvement of capital market risk preferences are all favorable for the asset side repair of insurance companies. Listed insurance companies have seen good improvement in their liability side since the beginning of this year, and the valuation and holdings of the insurance sector are still at the bottom, showing confidence in the long-term value of the industry. In the first half of this year, ZA ONLINE achieved a total premium of 15.238 billion RMB, issuing 9.133 billion insurance policies, achieving insurance service income of 15.088 billion RMB, a year-on-year growth of 19.0%. The total income reached approximately 16.035 billion RMB, a year-on-year increase of 12.7%. Net profit increased by 113.08% to 55.467 million RMB. In addition, in the first 8 months of this year, the company's total original insurance premium income was approximately 22.212 billion RMB, a year-on-year increase of 7.29%.