Hong Kong stock market movement | Chinese insurance stocks rise collectively as the central bank's RMB100 billion swap facility operation is implemented; institutions say there is room for valuation recovery in insurers.

Zhitong Finance APP has learned that domestic insurance stocks are rising collectively. As of press time, China Pacific Insurance (02601.HK) is up 4.40% at HK$27.5; PICC Property and Casualty (02328.HK) is up 2.60% at HK$16.96; China Life Insurance (02628.HK) is up 2.34% at HK$25.38; Ping An Insurance (02318) is up 2.09% at HK$51.35.