Xin Lang Cai Jing·2025-08-29 02:04Group 1 - The Hong Kong insurance sector experienced a collective surge, with notable increases in stock prices for major companies such as New China Life Insurance rising over 9%, ZhongAn Online over 5%, and China Life over 4% [1] - New China Life Insurance reported a total revenue of 69.429 billion yuan for the six months ending June 30, 2025, representing a year-on-year increase of 25.5%, and a net profit attributable to shareholders of 14.799 billion yuan, up 33.5% year-on-year [2] - The company proposed an interim cash dividend of 0.67 yuan per share [2] Group 2 - Cathay Securities released a report indicating that life insurance premiums accelerated in the first seven months of 2025, driven by increased customer demand due to expectations of reduced preset interest rates [3] - The report highlighted stable growth in auto insurance and accelerated growth in certain non-auto businesses, with a shift towards a barbell asset allocation structure in Q2 2025 [3] - The insurance sector is expected to benefit from improved interest margins due to stable premium growth on the liability side and increased equity allocation on the asset side, leading to a positive outlook for insurance stock valuation recovery [3]