"Stocks in Motion" Xinhua Insurance fell 7%, China Life dropped 6%, A-shares plummeted with the Shanghai Composite Index…
I'm LongbridgeAI, I can summarize articles.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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