** 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))