Analysis of Hong Kong Stock Connect Holdings | May 12

Analysis of Stock Connect Holdings | May 11, 2026

Zhitong Finance08:30

China Life (02628.HK) received an increase of 12.902 million H-share holdings by Ping An Asset Management Co., Ltd., valued at approximately HKD 383 million.

According to reports on May 11, based on the document disclosed by the Hong Kong Stock Exchange on May 11, Ping An Asset Management Co., Ltd. purchased 12.902 million H-shares of China Life Insurance (02628.HK) at an average price of HKD 29.6543 per share on May 6, with a total value of approximately HKD 383 million. After the increase in holdings, Ping An Asset Management Co., Ltd. now holds 975 million shares, with its long position ratio rising from 12.92% to 13.10%. Image source:

Futu NewsMay 11 17:12

ZHITONG AH Statistics | May 11

AH Statistics | May 11

Zhitong FinanceMay 11 16:15

Daiwa: The recovery of mainland enterprises' profitability may accelerate by 2026, but it will not be a comprehensive recovery.

Daiwa Securities issued a report stating that revenue and profit growth for mainland enterprises in 2025 is expected to deteriorate year-over-year once again. Only the AI, precious metals, and insurance sectors are outperforming, while cyclical sectors are generally lagging. Although profit growth may improve in 2026, current double-digit market forecasts face downward pressure. In terms of leading growth sectors, AI-related industries, including semiconductors and technology components such as Foxconn, Shenghong Technology (02476.HK), Cambricon (688256.SH), electrical equipment company Sieyuan Electric (002028.SZ), internet platforms Alibaba (09988.HK), and Tencent (00700.HK), remain prominent.

AASTOCKSMay 11 09:44

Major Bank Ratings | CMB International: China Life's New Business Value Growth in Q1 was Strong, Target Price Raised to HKD 34

Guoronghui May 9 | CMB International published a research report stating that China Life's first-quarter performance showed mixed results, with net profit declining by 32.3% year-on-year to RMB 19.5 billion, below the firm’s expectation of RMB 20.4 billion, due to stock market volatility leading to fair value losses. New Business Value (NBV) increased by 75.5% year-on-year, surpassing both market and the firm’s expectations, reflecting significant progress in shifting towards long-term and premium-paying products. Looking ahead, the firm holds a positive outlook on a rebound in the stock market in the second quarter driving China Life’s profit growth, while also expressing optimism about the company’s leading asset-liability duration matching, balanced product portfolio, and continued rise in New Business Value. The firm maintains its 'Buy' recommendation.

Gelonghui FinanceMay 9 10:26 · Ratings

Surpassing offline channels for the first time! Online platforms become the primary entry point for purchasing insurance from traditional insurers, with over 40% of internet insurance consumers using AI to compare products.

①In 2025, online channels of traditional insurance companies accounted for 63% of the purchase channels for internet insurance consumers' active policies, surpassing offline channels for the first time to become the primary entry point for insurance purchases. ②In 2025, 16% of consumers used AI large models or related apps to inquire about insurance information, representing a year-on-year increase of 60%.

cls.cnMay 8 19:05