** Hong Kong shares of People's Insurance Company Group of China 1339.HK jump 5.5% to HK$4.06, on track for biggest one-day pct rise since October 7, 2024

** Stock fifth biggest pct gainer on index tracking financials stocks .HSCIF, which rises 2.7%

** Shanghai-listed stock 601319.SS rises 4.7% to 6.87 yuan, highest since April 7

** The Chinese insurance group expects its Q1 net profit to rise 30%-50% y/y

** Hang Seng Finance Index .HSNF climbs 2.7%, Hang Seng Index .HSI adds 2.4%

** YTD, Hong Kong stock up 4.1%, while Shanghai shares down 10.6%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))