News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>BofAS: 1Q Results of CN Insurers Solid; Top Picks PING AN, CHINA LIFE
BofA Securities said in a research report that Chinese insurers announced their 1Q26 results. As stock market volatility in February and March this year affected insurers' inve...
Reset
Send
The window will close in 5 seconds
<Research>BofAS: 1Q Results of CN Insurers Solid; Top Picks PING AN, CHINA LIFE
Close
Recommend
63
Positive
80
Negative
47
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

BofA Securities said in a research report that Chinese insurers announced their 1Q26 results. As stock market volatility in February and March this year affected insurers' investment income and profits, market expectations was low.

During the period, performance varied among companies. CHINA LIFE (02628.HK)  +0.200 (+0.696%)    Short selling $349.66M; Ratio 36.667%   reported a 32% YoY downfall in net profit for 1Q, confirming market concerns over its investment income given its more aggressive investment strategy compared with peers. NCI (01336.HK)  -0.100 (-0.208%)    Short selling $34.01M; Ratio 11.650%   posted an unexpected 11% rise in profit. PING AN (02318.HK)  +0.050 (+0.082%)    Short selling $401.21M; Ratio 26.703%   and CPIC (02601.HK)  0.000 (0.000%)    Short selling $103.04M; Ratio 26.836%   delivered the most stable results, supported by more balanced investment strategies.

Related News CICC: Short-term Capital Overhang to Reverse; Expects Valuation Recovery in Mainland Insurers, Recommends CPIC (02601.HK), PING AN (02318.HK) etc.
BofA Securities' top picks are PING AN, which has the most balanced performance, and CHINA LIFE, which stands to benefit most from a potential market rebound. It assigned TP of HKD74 and HKD33.1 respectively, and rated both as Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.