Mei Ri Jing Ji Xin Wen·2025-10-20 07:04Core Viewpoint - The A-share third quarter reports are accelerating disclosure, with several insurance companies exceeding expectations, particularly China Life, which is projected to see a year-on-year increase in net profit attributable to shareholders of 50%-70% for the first three quarters, and a quarterly increase of 75%-106% in Q3 despite last year's high base [1] Group 1: Company Performance - China Life's net profit attributable to shareholders is expected to grow by 50%-70% year-on-year for the first three quarters, with a Q3 single-quarter growth of 75%-106% [1] - New China Life has also announced a profit increase, with a year-on-year growth rate exceeding 45% [1] Group 2: Market Trends - There are signs of a market style shift towards undervalued blue-chip stocks in the fourth quarter [1] - The current valuation of A-share insurance stocks remains low, but their growth rate is relatively high compared to the entire industry, highlighting their investment value [1] - As the fundamentals on both the asset and liability sides continue to improve, the valuation center of insurance stocks is expected to rise further [1]