Rich to information learned that insider stocks rose across the board, as of press release New China Life Insurance and Ping An Insurance are up more than 5%, China Taiping, PICC Property and Casualty up more than 4%.

Source: Futu Securities

Although due to the lower-than-expected performance during the trial sale of good products at the beginning of the year, coupled with the end of the year assessment, some institutions for position adjustment, as well as market style change and other factors, the insurance sector has adjusted more recently. However, next year, the fundamentals of the plate are still optimistic, the adjusted valuation is relatively lower, and the elastic space is open. Industry insiders pointed out that in 2018, the prosperity of both ends of insurance assets and liabilities continued to improve, and the insurance sector still has important allocation value.

Zheng Jisha, an analyst at China Merchants, believes that the prosperity at both ends of insurance assets and liabilities continues to improve, and the insurance sector still has important allocation value in 2018: first, the return of the liability side to guarantee and enhance the value; second, the space of radical insurance enterprises has been continuously compressed, 134th article, commercial car fare reform and so on have strengthened the leading competitive advantage, and the industry concentration is expected to be further enhanced. Listed insurance companies should give a premium. Third, relevant policies have been introduced one after another to promote the insurance industry to play a long-term sound risk management and protection function. (editor / Wu Dongxia)