Insurance stocks rally, China Pacific Insurance leads with over 6% gain

Corporate Action
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Insurance stocks rallied across the board, with China Pacific Insurance leading the gains. China Pacific Insurance announced at midday that it firmly believes in the long-term improvement of China's economy and is strongly optimistic about the development prospects of China's capital market. It will continue to invest in stocks and ETFs in sectors such as technology growth, consumption, and new energy, support the cultivation of new quality productive forces, and act as genuine patient capital in the market. The company also stated it will steadfastly implement its existing profit distribution policy, optimize the frequency of dividends, and in 2026 focus on optimizing the dividend rhythm while actively preparing for interim profit distribution. At the close, China Pacific Insurance stood at 31.73 yuan per share, up 6.32 percent; Ping An Insurance at 53.23 yuan per share, up 4.99 percent; PICC at 7.54 yuan per share, up 4 percent; China Life Insurance at 40.60 yuan per share, up 3.97 percent; and New China Life Insurance at 64.84 yuan per share, up 3.25 percent.

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