On December 15, insurance stocks rose against the market trend, with Ping An's A-shares and H-shares both surging to their highest levels in over four years. On the regulatory front, the National Financial Regulatory Administration recently issued the 'Notice on Adjusting Risk Factors for Relevant Business of Insurance Companies,' reinforcing policies that encourage long-term patient capital and boosting market sentiment. Previously, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), explicitly proposed 'moderate deregulation' for high-quality brokerages, a statement that has also been regarded as an important signal of a positive shift in the policy environment for the brokerage industry. The financial and insurance sectors have continued to benefit from favorable policies recently. Is now a good time to invest?