HK Stock Market Move | New China Life Insurance (01336) rose more than 3%, with net profit attributable to shareholders increasing by 58.9% year-on-year in the first three quarters. The company will focus on developing dividend insurance as a distribution channel.

New China Life Insurance (01336) rose more than 3%, as of the time of writing, it is up 2.89% to HK$49.8, with a transaction value of HK$225 million. In terms of news, recently New China Life Insurance announced its performance for the first three quarters of 2025. The operating income was RMB 137.252 billion, an increase of 28.3% year-on-year; the net profit attributable to shareholders of the parent company was RMB 32.857 billion, an increase of 58.9% year-on-year; the basic weighted average earnings per share was RMB 10.53. In the first three quarters, the company achieved original insurance premium income of RMB 172.705 billion, an increase of 18.6% year-on-year; the first-year premium income for long-term insurance was RMB 54.569 billion, an increase of 59.8% year-on-year; the first-year periodic premium income for long-term insurance was RMB 34.9 billion, an increase of 41.0% year-on-year; the first-year single premium income for long-term insurance was RMB 19.669 billion, an increase of 109.2% year-on-year; renewal premium income was RMB 114.62 billion, an increase of 5.9% year-on-year, continuing to play a "ballast" role. Guosen pointed out that the core DRIVE of New China Life Insurance's high performance growth lies in the outstanding performance of the investment side, benefiting from the warming of the capital market in the first three quarters. The company's investment income continued to achieve a significant year-on-year increase on a high base from last year. On the liability side, the high-quality growth trend continues, with New Business Value (NBV) achieving a high-speed growth of 50.8% year-on-year in the first three quarters, laying a solid foundation for future profit release. It is worth mentioning that to address the challenges brought by the planned interest rate reduction, the company has firmly promoted the transformation of dividend insurance since the second quarter, making it a key focus of business development across all channels.