Hong Kong stocks are volatile | Local bank stocks see increased gains in the afternoon, Insurance funds continue to buy H-share bank stocks. Institutions say the logic of insurance funds' allocation will continue.

According to the Securities Times app, the shares of domestic banks expanded in the afternoon. As of the time of publication, Postal Savings Bank of China (01658.HK) rose by 3.42% to $5.75 Hong Kong dollars; Agricultural Bank of China (01288.HK) rose by 2.09% to $5.38 Hong Kong dollars; Bank of China (03988.HK) rose by 1.77% to $4.61 Hong Kong dollars; Industrial and Commercial Bank of China (01398) rose by 1.47% to $6.20 Hong Kong dollars.