This column has recently focused on insurance stocks, mainly because they are a key component of the central estimation, with strong support below and still searching for a peak above. Every time there is a pullback, if one actively buys in, making a profit is just a matter of time.
<h2>Ping An Chart is Stunning Among Insurance Stocks</h2>
China Life (2628) is the main focus of this column, with its stock price reaching a 10-year high, aligning with the strategy of &#34;no crab stocks.&#34; Additionally, H shares are more than 40% cheaper than A shares, making it easier for northbound capital to enter. However, recently, its good brother Ping An (2318) has come from behind, and the chart is stunning among insurance stocks.
Morgan Stanley released a report adding Ping An to its key list, optimistic about the group's ability to seize key growth opportunities in residents' wealth management, healthcare, and retirement sectors. The market's main concerns are gradually dissipating, which is also beneficial for valuation improvement, with the target price raised significantly to 89 yuan, representing a potential increase of 36% compared to the previous closing price!
Tang Niu
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02628

Recently, the performance of domestic insurance stocks has been strong, especially China Life and Ping An. China Life's stock price has reached a ten-year high, and Ping An is favored by Morgan Stanley, with the target price raised to 89 yuan, representing a potential increase of 36%

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Finding the Peak of the Mid-Cap Beautiful Chart in the Special Valuation｜Tang Niu