HTSC's research report states that the performance forecast shows that new china life insurance's net income for the first three quarters is expected to be between 18.6 billion and 20.5 billion yuan, representing a year-on-year increase of 95% to 115%. The company's stock and fund allocation ratio in the first half of this year has increased by 4 percentage points to 17.4% from the second half of last year, focusing mainly on stocks and funds measured at fair value through profit or loss (PVTPL).

With the stimulation of a series of policies issued by the central government, the stock market saw a significant increase in the third quarter, leading to a significant growth in investment income. New china life insurance is expected to achieve high growth in net income for the first three quarters. Taking into account the impact of the third-quarter stock market and investment fluctuations, HTSC has raised its earnings per share forecast for 2024 to 2026 from 4.82, 3.77, and 3.64 yuan to 8.36, 4.39, and 4.32 yuan, with a target price raised to 33 Hong Kong dollars, maintaining a "buy" rating.