October 30th by格隆汇｜Morgan Stanley issued a report indicating that the people's insurance showed strong profit growth in the third quarter, benefiting from an increase in investment income, in line with expectations. Life insurance business continues to demonstrate a strong growth trend, with the new business value calculated based on the long-term financial review benchmark rising by 114% as of the third quarter. Property insurance business slightly dragged down performance, while non-auto insurance business deteriorated somewhat. Morgan Stanley rates People's Insurance as 'shareholding', with a target price of 4.1 Hong Kong dollars.