HK Stock Market Move | New China Life Insurance (01336) opens higher by over 4% after Yixi's earnings, investment side boosts performance growth, first-half net profit expected to increase by up to 60% year-on-year.

New China Life Insurance (01336) opened more than 4% higher. As of the time of writing, it has increased by 4.56% to 45.4 Hong Kong dollars, with a trading volume of 1001.07 million Hong Kong dollars. In terms of news, New China Life Insurance announced that it expects a net profit of 20.719 billion to 23.678 billion yuan in the first half of the year, a year-on-year increase of 40% to 60%. Calculated, the company's net profit for the second quarter is expected to be 14.218 billion yuan to 17.177 billion yuan, an estimated increase of 118% to 164% quarter-on-quarter. The main reason for the increase in performance is the optimization of the investment structure, increased investment in technology innovation enterprises and new productive forces, and obtaining good investment returns. Huachuang Securities pointed out that by the end of 2025, stocks and funds accounted for 21.2% of the investment structure of New China Life Insurance, significantly higher than the industry average. Among them, the proportion of FVTPL in stocks reached 81%, and considering funds, the proportion of FVTPL in secondary equity reached 90%, significantly higher than the industry average. This may reflect a relatively flexible and enterprising investment style, which is expected to benefit first from the structural bull market in technology.