China Pacific Insurance (CPIC) stock surged 5.05% during intraday trading on Wednesday, marking a significant upward movement for the insurer.

The rally was driven by the company's release of its first-quarter 2026 financial results. CPIC reported a net profit of 10.041 billion yuan, representing a 4.3% year-over-year increase. The life insurance segment showed particularly strong momentum, with new policy regular premium income soaring 41.4% and new business value climbing 9.6%.

Additionally, the company demonstrated effective cost management, as business and management expenses declined, contributing to an improved asset-liability ratio. The positive earnings report, highlighting resilience and growth in key business areas, provided the catalyst for the stock's substantial gain in the session.