Hong Kong Stock Announcement Gold Mining | In the first 11 months, Ping An Insurance's premium income from original insurance contracts totaled approximately 796.3966 billion yuan, a year-on-year increase of 7.86%.
GRANDPHARMA (00512): The Phase II clinical study of the global innovative product STC3141 in China has completed the enrollment of all patients.
New China Life Insurance Logs Over 2% Rise in 11-Month Premium Income
New China Life Insurance (01336): Gong Xingfeng resigns as Chief Actuary.
New China Life Insurance (01336) announced that the Board of Directors received Mr. Gong Xingfeng's... on December 12, 2024.
New China Life Insurance (601336.SH): In the first 11 months, cumulative premium income reached 163.166 billion yuan, an increase of 2.2% year-on-year.
Gelonghui reported on December 13 that New China Life Insurance (601336.SH) announced that from January 1, 2024, to November 30, 2024, the cumulative original insurance premium income was 163.166 billion yuan, a year-on-year increase of 2.2%. The company's dual enhancement of scale value and dual optimization of quality structure have further demonstrated high-quality connotative development results.
Express News | New China Life Insurance - Gross Premium Income of New China Life Insurance Between Jan and Nov RMB163,166.30 Mln
Hong Kong stocks fluctuate | Mainland Insurance Companies continue to decline as the 30-year treasury yield drops below the 2% mark, affecting the investment returns of insurance companies' Fixed Income Assets.
Mainland Insurance Companies continued to decline. As of the time of writing, China Pacific Insurance (02601) fell by 4.67% to 24.5 Hong Kong dollars; China Life Insurance (02628) dropped by 3.33% to 15.08 Hong Kong dollars; The People's Insurance (01336) decreased by 3.9% to 24.65 Hong Kong dollars; The People's Insurance (01339) declined by 3.85% to 3.75 Hong Kong dollars.
Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."
① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.
Hong Kong stocks are showing unusual activity | Mainland Insurance Companies collectively declined as Institutions state that the third quarter performance exceeded expectations or has already been realized, and market concerns are focused on long-term in
Mainland Insurance Companies collectively declined. As of the time of writing, China Pacific Insurance (02601) fell by 3.98% to 25.35 Hong Kong dollars; New China Life Insurance (01336) decreased by 2.68% to 25.45 Hong Kong dollars; China Life Insurance (02628) dropped by 1.53% to 15.46 Hong Kong dollars; PICC P&C (02328) declined by 0.49% to 12.1 Hong Kong dollars.
HAITONG SEC (06837.HK) received a Shareholding increase of 3.326 million shares from New China Life Insurance.
On December 11, according to the latest equity disclosure data from the Hong Kong Stock Exchange, on December 5, 2024, HAITONG SEC (06837.HK) was increased by New China Life Insurance Company Ltd. by 3.326 million shares at an average price of HK$7.0956 per share, involving about HK$23.6 million. After the shareholding, New China Life Insurance Company Ltd.'s latest number of shares held is 206,326,000 shares, with the shareholding ratio rising from 5.95%.
New China Life Insurance Announces Key Secretary Change
New China Life Insurance (01336.HK) has nominated Mao Sixue and Zhuozhi as candidates for director.
Gelonghui reported on December 9 that new china life insurance (01336.HK) announced that at the 27th meeting of the 8th board of directors held on December 9, 2024, the proposals for "nominating Ms. Mao Sixue as a candidate for non-executive director of the 8th board of directors" and "nominating Mr. Zhuozhi as a candidate for independent non-executive director of the 8th board of directors" were reviewed and approved, agreeing to nominate Mao Sixue as a candidate for non-executive director and Zhuozhi as a candidate for independent non-executive director of the 8th board of directors. The above proposals must be reviewed by the company’s shareholder meeting. After approval by the shareholder meeting, Mao Sixue and Zhuozhi's
December 9 Insurance Daily | The country's first self-regulatory rules for the "insurance + futures" industry have been released, and the goals for the property and casualty insurance industry over the next five years are clear and specific!
The first domestic self-regulatory rules for the "insurance + futures" industry have been released. The China Futures Industry Association officially published the "Futures Company 'Insurance + Futures' Business Rules (Trial)" today. This rule is the first self-regulatory normative document in the field of "insurance + futures" business. From the content, the rule revolves around the main line of strong regulation, risk prevention, and promoting high-quality development, adhering to problem orientation and clarifying various prohibited behaviors in the futures company's "insurance + futures" business. The rule also specifies the self-regulatory inspection mechanism for the business and proposes specific handling measures for the violations of futures operating institutions. (Financial Frontline) Strong regulation, risk prevention, and promoting reform.
Hong Kong stocks closed (12.06) | The Hang Seng Index rose by 1.56%, the CRO sector had the largest increase, and Multi-Point Intelligence (02586) saw its share price plummet on the first day of listing.
As the year-end approaches, the time window for the two major conferences is approaching. The market anticipates strong economic stimulus policies, with the three major Hong Kong stock indexes rising strongly in early trading, with the Hang Seng Index and the Heng Seng Index both rising more than 2% at one point.
December 6th Insurance Daily | Once again raised the stake, New China Life Insurance raised its stake in Haitong Sec! In one day, licenses of five insurance brokers were revoked!
Another shareholding increase! New China Life Insurance has increased its shareholding in Haitong Securities. As of December 4, 2023, New China Life Insurance announced on its official website regarding the shareholding in Haitong Securities listed in Hong Kong, stating that on November 28, 2024, it acquired 4 million shares of Haitong Securities' unrestricted circulating H shares through a centralized bidding transaction in the secondary market, accounting for 0.12% of Haitong Securities' issued H share capital. The related transaction was completed through the Hong Kong Stock Connect channel. After this equity change, New China Life Insurance holds 0.171 billion shares of Haitong Securities, approximately accounting for 5.02% of the listed company's H share capital. After this shareholding increase, New China Life Insurance has made a total of 15 shareholding increases this year.
Insurance stocks rose collectively, new china life insurance (01336) increased by 4.55%. Institutions expect that the pressure on the interest margin of insurance companies will gradually ease under regulatory guidance.
Jinwu Financial News | Insurance stocks have collectively risen, with New China Life Insurance (01336) up 4.55%, ZA Online (06060) up 4.07%, China Pacific Insurance (02601) up 3.83%, China Life Insurance (02628) up 2.8%, Sunshine Ins (06963) up 2.53%, and Ping An Insurance (02318) up 2.52%. Soochow believes that the current market demand for savings remains strong, and under the ongoing regulatory guidance encouraging insurance companies to reduce liability costs, the pressure on insurance companies' interest spread is expected to gradually ease. Recently, the yield on ten-year government bonds has fallen to around 1.96%.
Hong Kong stocks fluctuate | Mainland insurance companies collectively rise as leading insurance enterprises' 2025 New Year products are successively launched. Institutions expect the positive trend in sales to continue.
Mainland insurance companies collectively rose; as of the time of writing, New China Life Insurance (01336) increased by 4.97%, priced at 25.35 Hong Kong dollars; China Pacific Insurance (02601) rose by 4.43%, priced at 25.9 Hong Kong dollars; China Life Insurance (02628) climbed by 3.6%, priced at 15.52 Hong Kong dollars; Ping An Insurance (02318) increased by 2.19%, priced at 46.7 Hong Kong dollars.
Shenyin & Wanguo: Strategically increasing positions in leading brokerages, insurance capital may play a key role in the mid to long-term investment of funds in the next phase.
With the support of regulatory policies, it is expected that the next phase of insurance capital's entry into the market will become more diversified.
For the first time in five years, an insurance company holds a stake in a brokerage! Insurance funds are taking action at the end of the year.
Insurance funds are "very busy".
China Merchants Securities: The new round of policy cycle will begin in 2025, and dividend insurance may usher in a new sales peak.
With the opening of a new round of policy cycles, supply and demand resonance may usher in a new sales peak, and dividend insurance is expected to embrace new development opportunities, even becoming the key factor in determining the success or failure of the transformation of insurance companies in the future.
China Galaxy Securities: The growth rate of life insurance premiums slowed down in October, and the asset allocation of insurance funds in Q3 24Q3 was improved.
From January to October, the original premium growth rate of the insurance industry slowed down, mainly due to the impact of life insurance interest rate shift.
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