China-funded insurance stocks rise sharply

In the first half of the year, the Chinese insurance shares with stable income have been remarkably well synchronized, and China Life (601628-CN;02628-HK) and Ping An (601318-CN;02318-HK) A shares are up 5.5% and 2.2%,h shares rose 3.1% and 4.2% , all up to nearly 14 months of stage high. Or after the recent rise in China's stock market, the situation still a good boost, because earlier news that the entire insurance industry in January-May this year, the annual investment yield exceeded 6% far beyond the market expectations, the further rise in the stock market will be synchronized with the increase in investment income insurance companies, and thus stimulate the growth of profits Shenzhen-Shanghai shares continued to climb this morning, with the exception of banks outside the market is a notable increase in blue chips, boosted by the increase in the 1.02% to 3229.4 points, the refresh nearly 13 months of new highs.