Last Updated 08:00:00
longbridge loading
Company Encyclopedia
View More
name
CTCLIFE@EP2602A
17654.HK
News
View More

Morning Trend | China Life (2628.HK) Golden Cross, Weighted Blue Chips Receive Capital Resonance Again

China Life (2628.HK) performed steadily during yesterday's trading session, with a moderate increase in volume and a continuous orderly inflow of funds throughout the day. Recently, the life insurance sector has gained market attention, primarily due to the "New Year" premium boost and frequent regulatory benefits, leading to an overall positive performance expectation for the industry. China Life's stock price has consistently remained above the 5-day and 10-day moving averages, with K-line segments trending upward. The main funds in the market have significantly driven the performance of sector stocks, and afternoon northbound funds continued to flow in, steadily pushing the stock price to reach a phase high. The further easing of insurance investment policies has acted as a catalyst, with several insurance institutions announcing plans to expand equity investments. The market generally expects the industry's risk appetite to gradually warm up. Continuous positive policy releases have heightened expectations for blue-chip valuation recovery, making heavyweight assets the main focus for short-term capital intervention. However, there has been some profit-taking at high levels in the intraday trend, raising the risk of switching hotspots between sectors. Looking back at the technical aspects, the moving average system provides support, and the volume has moderately increased, solidifying the overall bullish structure. In the short term, attention should still be paid to fund flows and transaction changes. If the macro environment does not experience significant fluctuations, the trend of heavyweight blue chips is unlikely to reverse. Keep an eye on industry dynamics and the rhythm of company announcements to guard against unexpected risks leading to sector adjustments

Technical Forecast·
Technical Forecast·
Posts
View More