Hong Kong Stock Market Movers | Chinese insurance stocks rise collectively; market volatility affects insurers' third-quarter profits, and low valuations highlight margin of safety after negative factors are priced in.
Zhitong Finance APP has learned that domestic insurance stocks are rising collectively. As of press time, Ping An Insurance (02318.HK) is up 3.18% at HK$49.92; China Life Insurance (02628.HK) is up 3.05% at HK$24.36; PICC Property and Casualty (02328.HK) is up 2.05% at HK$15.93; China Pacific Insurance (02601) is up 1.05% at HK$26.84.
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