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"Stocks in Motion" Xinhua Insurance fell 7%, China Life dropped 6%, A-shares plummeted with the Shanghai Composite Index…

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The A-share market saw a significant decline, with the Shanghai Composite Index dropping nearly 3% during the session, barely holding above 4,000 points; the Shenzhen Component Index fell over 3%. In Hong Kong, the Hang Seng Index decreased by 1.8%, and the Hang Seng TECH Index fell by 3.5%. The insurance sector led the decline, with New China Life Insurance down 7.4%, China Life down 6%, Ping An down 3.1%, China Taiping down 4.8%, and both CPIC and PICC Group also experiencing declines

According to the Economic Information Agency on the 26th, China Life (02628) is currently down 6%, trading at HKD 26.78; Ping An Insurance (02318) is down 3.1%, trading at HKD 50.35; New China Life Insurance (01336) is down 7.4%, trading at HKD 45.94; China Taiping (00966) is down 4.8%, trading at HKD 17.97.

The A-share markets are experiencing significant declines, with the Shanghai Composite Index having previously dropped by as much as 2.7%, hitting a low of 4007 points, and is currently down 1.9%, trading at 4043. The Shenzhen Component Index had even fallen by 3.8% during the day, and is now down 3.1%, trading at 15841.

Currently, the Hang Seng Index is at 22658, down 418 points or 1.8%, with the main board trading nearly HKD 270 billion. The Hang Seng China Enterprises Index is at 7457, down 150 points or 2%. The Hang Seng Tech Index is at 4251, down 154 points or 3.5%.

Stock (Code) Current Price (HKD) Change (%)
China Life (02628) 26.78 -5.97%
Ping An Insurance (02318) 50.35 -3.08%
New China Life Insurance (01336) 45.94 -7.38%
Taiping (02601) 26.86 -2.89%
China Taiping (00966) 17.97 -4.82%
PICC Group (01339) 4.69 -3.89%

Performance of related stocks in the same sector

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