ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Stocks

Insurers lift China shares in Hong Kong to 26-month high

China Life, Ping An to report results next week; Hang Seng Index rises modestly

HONG KONG (Nikkei Markets) -- Insurers pushed a gauge of Chinese companies in Hong Kong to its highest level since July 2015 on Wednesday, while investors looked to Beijing for developments at the Communist Party Congress.

The Hang Seng China Enterprises Index of 40 large mainland companies listed in Hong Kong climbed 0.5% to 11,621.95, with insurers taking six spots among the top eight percentage gainers. New China Life Insurance jumped 4.5%, China Pacific Insurance Group increased 3.4%, China Life Insurance added 2.3% and Ping An Insurance Group advanced 1.9%. All four companies will report quarterly earnings next week.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more