Along with the continued buybacks of insurance companies, there has also been a marked correction in the valuation of insurance stocks. An insurance industry analyst told the Securities Times reporter that insurance stock valuation repairs in recent times have mainly stemmed from favorable asset-side policy stimuli, such as the implementation of the “three arrows” of real estate financing, while the market is optimistic about China's economic development prospects. From the debt side, the “good start” performance is expected to exceed expectations. For insurance stocks that are already undervalued, it is a good safety pad. (Securities Times)