No Data
Hong Kong stocks fluctuate | Mainland insurance companies collectively rise, with higher net profits of listed insurance companies in the first three quarters, and the sector's valuation center is expected to move up.
Mainland insurance companies collectively rose. As of the time of publication, Ping An Insurance (02318) rose by 4.11% to HK$50.65; New China Life Insurance (01336) rose by 3.69% to HK$28.1; China Life Insurance (02628) rose by 3.66% to HK$17.
Citi: Recommends 'buy' rating for China Taiping, Q3 net assets slightly increased quarterly.
Citi released a research report stating a "buy" rating for China Taiping (00966). The company disclosed the third-quarter solvency report of its Mainland subsidiary, with both net profit and net assets reported according to the new accounting standards. Taiping P&C and Taiping Life Insurance turned profitable in the third quarter, with profits reaching 0.197 billion yuan and 36 million yuan respectively, an improvement from the third quarter of 2023. The bank pointed out that the book value of the company's retirement, reinsurance, domestic property insurance, and life insurance businesses each increased by 2%, 2%, 1%, and 1% respectively in the third quarter. However, by the end of the third quarter, the core solvency of the life insurance business decreased quarterly.
Citigroup: China Taiping (00966) rated as 'buy', Q3 net assets rose slightly quarter-on-quarter.
China Taiping announced the third quarter debt repayment ability report of its mainland subsidiaries, with both net profit and assets reported according to the new accounting standards.
CHINA TAIPING: UNAUDITED FINANCIAL FIGURES AND SOLVENCY STATEMENT OF SUBSIDIARIES FOR THE THIRD QUARTER OF 2024
The large-scale landing insurance industry has entered a stage of deepening application. Industry insiders suggest strengthening technological cooperation and ecological development, as well as enhancing the training of composite talents.
①Large-scale models help insurance companies transition from equal management to reduced management; ②The most difficult part of AI innovation in the insurance industry is the building of compound organizations; ③More and more asset management institutions are replacing investment analysis work with a combination of human and intelligent systems.
Many insurance stocks are up, with AIA (01299) rising more than 3%. Institutions point out that Q3 listed insurance companies are expected to maintain high growth.
King Wosun | Most insurance stocks are up, with Za Online (06060) and AIA (01299) up more than 3%, China Re (01508) up 2.04%, China Taiping (00966), Ping An Insurance (02318), China Pacific Insurance (02601) up more than 1%, China Life Insurance (02628), New China Life Insurance (01336) following the trend. Hualong Securities issued a research report, near the third quarter, the performance of listed insurance companies is expected to maintain high growth. With the convenience of capital market interconnection, as well as the entry of incremental funds from share buybacks and shareholdings by listed companies, the stability of dividend asset allocation has improved, while profits.
No Data
No Data
威廉在狮城 : Tailing will rise to 20