Market news: Trump's health care plan will extend Affordable Care Act subsidies for two years.
Xinhua Insurance (01336.HK): Net profit attributable to the parent in the third quarter of 2025 was 18.058 billion yuan, an increase of 88.2% year-on-year.
Class A shares insurance stocks initially pulled up, China Life rose more than 3%, Xinhua Insurance, PICC, China Pacific Insurance, China Ping An rose.
Tabit Insurance, a bitcoin-backed global (re) insurance company founded by former Bittrex executives, today announced it has joined the Texas Blockchain Council ("TBC"), an industry association dedicated to driving blockchain innovation and policy development in Texas. Tabit will partner with TBC to provide investors in the region with knowledge of the intersection of digital assets and insurance, as well as how BTC holders can gain regulated benefits through insurance structures.
Bittrex前高管创立的以比特币支持储备的全球(再)保险公司Tabit Insurance今日宣布加入德克萨斯州区块链委员会(简称“TBC”),该委员会是一个致力于推动德克萨斯州区块链创新和政策发展的行业协会。Tabit 将与 TBC 合作,为该地区的投资者提供数字资产与保险的交叉领域知识,以及 BTC 持有者如何通过保险结构获得受监管的收益。
Class A share insurance, brokerages and other large financial sectors intraday strong, Xinhua Insurance rose more than 4% to a record high, Bank of China Securities, Tianli Technology, Huijin shares rose more than 5%, wealth trends, compass, China Pacific Insurance, China Life and other follow up.
Hong Kong insurance stocks strengthened in early trading, Yunfeng Financial (00376.HK) rose more than 9%, New China Insurance (01336.HK) rose more than 7%, China Life (02628.HK), China Ping An (02318.HK) and so on.
Hong Kong stocks of insurance stocks fluctuated higher in early trading, China's Ping An (02318.HK), China Pacific Insurance (02601.HK) both rose more than 5%, Sunshine Insurance (06963.HK), Xinhua Insurance (01336.HK), AIA (01299.HK) and other stocks rose. Recently, the People's Bank of China and HKMA said it will expand the scope of the South; Soochow Securities said that the expansion of the South will open a new channel for insurance capital to go overseas, help ease the pressure on insuranc...
Class A shares three major stock indexes rose more than 1%, insurance stocks broke out, China PICC rose by the limit, China Pacific Insurance rose more than 9%, Xinhua Insurance, China Life, China Ping An rose.
On May 7th, Li Yunze, director of the State Administration of Financial Supervision, said at a press conference of the State Council Information Office that a total of 8 incremental policies have been launched recently, including further expanding the scope of long-term investment of insurance funds, introducing more incremental funds to the market, adjusting and optimizing regulatory rules, lowering the risk factor of insurance companies' stock investment, supporting stable and active capital m...