According to the CITIC Construction Investment Research Report, it is recommended to focus on the relative benefit logic between leading brokerage firms and insurance companies with compliance advantages. The current valuation of the insurance sector has high allocation value. The current stock price excessively reflects the potential performance growth pressure brought about by low interest rates and a higher base. The recovery on the asset side is expected to drive profit growth and stock price recovery in the second quarter.

Zhitongcaijing · 1d ago
According to the CITIC Construction Investment Research Report, it is recommended to focus on the relative benefit logic between leading brokerage firms and insurance companies with compliance advantages. The current valuation of the insurance sector has high allocation value. The current stock price excessively reflects the potential performance growth pressure brought about by low interest rates and a higher base. The recovery on the asset side is expected to drive profit growth and stock price recovery in the second quarter.