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Volant Aviation completes nearly 1 billion RMB C+ financing, total raised exceeds 5 billion RMB

Ping An Life Increases Stake in China Life by 43.26M Shares on May 20, Spending Approx 1.265 Billion HKD

Guangdong Governor Meng Fanli Meets China Life Chairman Cai Xiliang, Supports Deepening Cooperation in Guangdong

China Life Property & Casualty Lincang Branch Fined 390,000 Yuan for Financial Fraud

Ping An Insurance Increases Stake in China Life by 43.835 Million Shares on May 20, Spending Approx. 1.282 Billion HKD

Ping An Insurance increases stake in China Life by approx. 1.68 billion HKD on May 18, holding ratio rises to 15.13%

China Life Q1 2026 Earnings: Net Profit Down 32%, NBV Surges 75.5%

China Life (02628.HK) was increased by Ping An Asset Management by 25.461 million shares

As green transformation accelerates, China Life explores solutions

Ping An Insurance increases stake in China Life by 16.26 million shares on May 14, holding reaches 14.03%

China Life Shaanxi Media Tour: Silver Age Health Insurance System Supports Livelihood Protection and Claims Service

China Life Pilots Long-Term Care Insurance ('Sixth Insurance') in Hanzhong, Shaanxi

Ping An Life Increases Stake in China Life by approx 453 million HKD

China Life P&C Insurance Takes Multiple Measures to Meet the Challenge of the Flood Season

China Life launches smart long-term care system to improve service efficiency for long-term care insurance.

Life Insurance Companies Release Q1 Sales Agent Scale Data

Ping An Asset Management Co. increased holdings of China Life Insurance by 12.902 million shares

China Life Holds Media Briefing on Long-Term Care Insurance and Digital Finance

China Life Insurance Releases ESG Report with Total Premiums Exceeding 700 Billion

CMBI Maintains Buy Rating on China Life with Target Price Hike

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China Life Property Insurance Company Limited Lincang Central Branch was administratively punished by the Lincang Financial Supervision Bureau for fabricating insurance intermediary business to extract fees and preparing false financial materials, with a fine of 390,000 yuan. The responsible individuals Li Cunchang, Feng Runhua, and Ge Jun were warned and fined a total of 120,000 yuan

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China Life

CHINA LIFE

China Life Property and Casualty Insurance Company Limited Lincang Central Branch and related responsible persons were administratively punished for using insurance agents to fabricate insurance intermediary business to extract fees; financial data was not true, and false financial materials were prepared

According to Tongbi Finance, the administrative penalty information disclosure list released by the Lincang Financial Supervision Bureau on May 25 shows that China Life Insurance Company Limited Yongde County Branch was administratively penalized by the Lincang Financial Supervision Bureau for damaging the insurance license. Penalty details: a warning was issued to China Life Insurance Company Limited Yongde County Branch and a fine of 6,000 yuan was imposed. Related listed company: China Life

China Life Insurance Company Limited Yongde County Branch was administratively penalized for damaging the insurance license

According to Tongbi Finance, the administrative penalty information disclosure list from the Yichang Regulatory Bureau of the National Financial Supervisory Administration, released on May 22, shows that China Life Property Insurance Company Limited Yichang Central Branch and related responsible persons were administratively penalized by the Yichang Financial Regulatory Bureau for preparing false materials. Penalty details: a fine of 110,000 yuan for the institution, and warnings and fines totaling 55,000 yuan for Lu Zhenzhen, Pi Jiali, Liu Lu, Zhu Yilong, and Lu Xiaobo

China Life Property Insurance Company Yichang Central Branch and related responsible persons were administratively punished for preparing false materials

According to a report from Tongbi Finance, the administrative penalty information disclosure form No. Wei Jin Fa Jue Zi [2026] 5-11 released by the Weinan Regulatory Bureau of the National Financial Supervisory Administration on May 21 shows that China Life Insurance Company Limited Weinan Branch was administratively penalized by the Weinan Financial Regulatory Bureau for providing benefits outside of those stipulated in the insurance contract. Penalty details: a fine of 140,000 yuan. Related listed company: China Life

China Life Insurance Company Limited Weinan Branch was fined 140,000 yuan for providing benefits outside of the insurance contract agreement

According to the administrative penalty information disclosure form released by the Shenzhen Financial Regulatory Bureau on May 21, China Life Property & Casualty Insurance Shenzhen Branch and related responsible persons were administratively penalized by the Shenzhen Financial Regulatory Bureau for fabricating insurance intermediary business. Penalty details: a fine of 260,000 yuan for the institution, a warning and a fine of 80,000 yuan for Gu Huiming, a warning and a fine of 60,000 yuan for Chen Hualin, and a warning and a fine of 50,000 yuan for Qin Haiyan

China Life Property & Casualty Insurance was administratively punished for fabricating insurance intermediary business along with related responsible persons

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CICC released a report detailing investment ratings and target prices (TPs) for various insurers. All listed insurers, including AIA, PRU, and Ping An, received 'Outperform' ratings. The report also includes short selling data and price changes for each stock, with AIA at HKD105.7 and China Life at HKD44.5, among others.

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CICC Ratings, TPs on Insurers (Table)

Citic Securities has maintained a Buy rating on China Life Insurance Co (CILJF) as of May 6, with a price target of HK$36.00, while the shares closed at HK$29.90. The overall analyst consensus for the company is a Strong Buy, with an average price target of HK$35.57, indicating an 18.96% upside. Additionally, CMB International Securities also supports a Buy rating with a target of HK$34.00.

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China Life Insurance Co (CILJF) Receives a Buy from Citic Securities

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Yesterday, Prudential's stock price surged by 4.04% at the close, with a trading volume of approximately HKD 42.95 million. The price and volume were well-coordinated, clearly breaking through the recent consolidation range. The MACD daily bullish signal has been established with strong momentum, and the short-term momentum indicators are accelerating divergence, which usually indicates that buying power is forming a consistent directional expectation, confirming a phase of upward trend. In terms of market performance, the stock price maintained strength throughout the day, closing in the high range of the day, with clear signals of bullish control. On the news front, the insurance sector collectively strengthened yesterday, with China Life rising by 4.28%, PICC P&C by 5.91%, CPIC by 3.37%, and AIA by 1.94%, forming a strong collective breakout trend in the sector. Prudential, as an international insurance giant covering the Asian and African markets, benefits from the long-term logic of increasing insurance penetration in emerging Asian markets. Recently, although Federal Reserve officials warned of inflation risks and the possibility of interest rate hikes, the high interest rates provide positive support for the investment income of insurance companies. The improvement in market risk appetite driven by the ceasefire sentiment also favors the valuation recovery of insurance stocks. Technically, the stock price has broken through the 5-day and 10-day moving average resistance, and the short-term moving average system is beginning to shift to a bullish arrangement. The trading volume has significantly increased compared to previous days, making the breakout action effective. The overall strength of the insurance sector provides strong support for individual stocks, and today it is necessary to pay attention to whether the sector's heat can continue. The short-term trend is biased towards bullish, with sector resonance combined with individual stock technical breakthroughs, indicating a high signal strength

Technical Forecast

Pre-market trend | Prudential (2378.HK) surged over 4% on May 7 with increased volume, are the main players in the insurance sector buying up?

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BofAS reported that Chinese insurers' 1QYY results were solid despite stock market volatility affecting investment income. CHINA LIFE saw a 32% YoY decline in net profit, while NCI posted an unexpected 11% profit increase. PING AN and CPIC delivered stable results. BofAS believes the market has absorbed weak profit factors and investors will focus on long-term growth. Their top picks are PING AN and CHINA LIFE, with target prices of HKD74 and HKD33.1, respectively, both rated as Buy.

BofAS: 1QYY Results of Chinese Insurers Solid; Top Picks PING AN , CHINA LIFE

CMBI has raised the target price for CHINA LIFEfrom HKD33 to HKD34 following a mixed performance in 1Q26. The company's net profit fell 32.3% YoY to RMB19.5 billion, missing forecasts due to stock market volatility. However, new business value surged 75.5% YoY, indicating strong growth potential. The broker maintains a Buy rating, optimistic about earnings growth in Q2, supported by a stock market rebound and effective asset-liability management.

CMBI Raises CHINA LIFE  TP to HKD34; Strong 1Q26 NBV

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