Stocks in Hong Kong are moving abnormally | Domestic insurance stocks are generally up in the morning | Bond Connect Southbound is planning to expand | Institutions say it will help relieve pressure on insurers' asset side.
Zhtng Cijng APP learned that insurance stocks rose across the board in early trading. As of the time of publication, China Taiping Insurance (02601.HK) rose 4.88% to HK $29; China Property Insurance (02328.HK) rose 3.57% to HK $15.66; Ping An of China (02318.HK) rose 3.19% to HK $53.3; and New China Insurance (01336) rose 2.5% to HK $43.1.
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