HK Stock Market Move | Property insurance stocks continue to rise, a combination of policies helping to reduce insurance investment risks and benefiting insurance companies in lowering financing costs.

In the insurance sector, the trend of internal insurance stocks continues to rise. As of the time of publication, ZA ONLINE (06060) rose by 8.48% to 11.26 Hong Kong dollars; CHINA TAIPING (00966) rose by 7.05% to 11.54 Hong Kong dollars; New China Life Insurance (01336) rose by 6.18% to 19.58 Hong Kong dollars; Ping An Insurance (02318) rose by 5.82% to 42.7 Hong Kong dollars. On the news front, on September 24, the State Council Information Office held a press conference on "financial support for high-quality economic development." Ping An Securities pointed out that this press conference is expected to bring more liquidity support to the market. The policy combination of deepening capital market reforms is also expected to help promote high-quality development in securities and insurance businesses, which will benefit the fundamentals and investment sentiment of the non-banking sector. Northeast also mentioned that from the perspective of the insurance industry, regulatory support for the healthy development of the real estate industry helps to reduce the risk of insurance capital investment and safeguard the company's investment returns. At the same time, reserve cuts, interest rate reductions, and new monetary policy tools effectively reduce the financing costs of insurance companies, expand investment scale, and improve the performance of insurance companies in the context of policy-stimulated market growth. It is recommended to pay attention to China Pacific Insurance and New China Life Insurance, which have better resilience in recovery, as well as Ping An Insurance and China Life Insurance, which have larger investment scales.