Ping An Insurance (02318) saw its shares climb more than 5% after the release of its financial results, with the stock rising 4.83% to HKD 62.95. The trading volume reached HKD 1.355 billion.

The company's report revealed that in the first quarter, its operating profit attributable to shareholders of the parent company reached RMB 40.78 billion, representing a year-on-year increase of 7.6%. As of the end of March, the equity attributable to shareholders of the parent company stood at RMB 10.1831 trillion, up 1.8% from the beginning of the year. Total assets exceeded RMB 14 trillion.

An analyst report noted that the new business value of the company's life insurance segment continues to grow, with diversified channels developing rapidly and product value margins expected to gradually improve. The property and casualty insurance business structure has been optimized, with a significant improvement in the combined ratio as premiums recover. On the investment side, early allocation to high-dividend stocks and a notable increase in equity investment scale are expected to drive steady growth in group profit, operating profit after tax, and dividends per share. Combined with ongoing expansion opportunities in integrated finance, healthcare and elderly care, and technology enablement, the investment value of the company remains favorable.