The research reports from Dongbei Securities pointed out that: 1) From the insurance industry perspective, the liabilities of listed insurance companies have shown clear signs of recovery, with steady increases in life and property insurance premium income, as well as improvements in indicators such as NBV. The asset side has benefited from the significant upward trend in the capital markets, leading to a rapid growth in investment income, boosting the insurance companies' revenue and net income. 2) From the perspective of the brokerage industry, the overall scale continues to expand, but is under pressure due to declines in brokerage and investment banking business income, affecting the industry's revenue and net income in the first three quarters. Meanwhile, the performance of proprietary businesses has become a key factor in the diverging performance of brokerages. Looking ahead, with the uptrend in the equity market and a resurgence in market trading volume, the industry is expected to achieve positive revenue growth for the full year. Stocks worth focusing on include: New China Life Insurance, China Pacific Insurance, China Securities Co.,Ltd., among others.