Zhong Guo Ji Jin Bao·2025-07-28 03:24Market Overview - The A-share market showed a positive trend with the Shanghai Composite Index surpassing the 3600-point mark, rising by 0.30% [2] - The financial sector, including insurance, brokerage, and banking, experienced significant gains, while sectors like coal mining and daily chemicals faced corrections [4] Financial Sector Performance - The insurance sector rose by 4.03%, with notable performances from companies like New China Life Insurance, which increased by over 4% and reached a market capitalization of 187.4 billion [5][7] - Brokerage firms also saw substantial increases, with Zhongyin Securities rising by over 8% [10] Insurance Industry Insights - The China Insurance Industry Association lowered the standard interest rate for ordinary life insurance products by 14 basis points to 1.99%, with expectations that the upper limit may drop to 2.0% [10][11] - Huatai Securities indicated that this adjustment could enhance new business profitability and sales enthusiasm, alleviating concerns over cost-revenue mismatches in the life insurance sector [11] Aerospace and Defense Sector - The aerospace and defense sector showed strong performance, with companies like Guangdian Co., Construction Industry, and Boyun New Materials hitting their daily price limits [12] - Analysts from Dongfang Securities expressed optimism about the aerospace sector, highlighting the importance of upstream components and key materials in weaponry development and production [13]