HK Stock Market Move | Major financial sectors collectively rise, with China Life Insurance (02628) up more than 4%. The central bank proposed to improve the policy environment for "long-money, long-term investment".

The large financial sector collectively rose, as of the drafting of this article, China Life Insurance (02628) rose by 4.38% to 28.58 Hong Kong dollars; New China Life Insurance (01336) rose by 3.4% to 56.2 Hong Kong dollars; Huatai (06886) rose by 4.36% to 19.64 Hong Kong dollars; CITIC SEC (06030) rose by 4.01% to 28.5 Hong Kong dollars. On the news front, the central bank recently issued the "China Financial Stability Report (2025)". The report proposes that the financial system will implement more proactive macro policies to prevent and resolve risks in key areas. The report also proposes to focus on improving the institutional and policy environment conducive to "long-term and long-term investment", significantly increasing the scale and proportion of various types of medium to long-term funds actually invested in A shares. Guosen pointed out that the solvency and asset side of the insurance industry have both entered an upturn cycle: the solvency side has long benefited from the trend of bank deposits moving, and short-term business has progressed smoothly; the long-term interest rate on the asset side has stabilized, and the capital market remains active, with planned interest rate stepped reductions to mitigate interest rate spread risk; the push for "separation of business and reporting" promotes industry anti-inwardness and concentration of leading companies, continuing to be optimistic about the insurance sector; market risk appetite is increasing, trading activity remains high, and the securities sector from valuation to performance has beta attributes, benefiting comprehensively.