Chinese insurance stocks win big market gains

Earlier, China Insurance Regulatory Commission figures showed that the increase in equity investment in May and the share market rally in China had been made this morning, with Chinese longevity (02628-HK) and Ping An (02318-HK) rising 2.5% and 3.9% per cent to win the market, or boosted by the media's disclosure of outstanding returns on investment. According to the Shanghai Securities newspaper quoted a person close to the CIRC said that the entire insurance industry in January-May this year, the annual return on investment of more than 6%, far exceeded market expectations. The investment yield of Ping An in China is relatively slightly higher. And said the main benefit from the stock market warming, and in the second quarter of this year timely grasp the opportunity to move. At the same time, a decent return on investment will also enhance the performance of insurance companies, the report super expected to become a big probability event.