China Taiping hits near 7-year peak on strong earnings outlook

China Taiping Insurance Holdings Co

20/01/2026 03:23

** Shares of China Taiping Insurance Holdings 0966.HK rise 3.9% to HK$23.68, their highest level since May 2019

** Stock on track for the third straight session of rise; third biggest pct gainer in Hang Seng Composite Index tracking financials stocks .HSCIF, which is up 0.6%

** The insurer expects its 2025 net profit to rise 215%-225% y/y thanks to an increase in net investment results and an one-off tax impact of new enterprise income tax policies announced by State Taxation Administration for insurance industry in China

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))