Truly Int'l's annual net revenue increased by over 10% year-on-year, new china life insurance acquired haitong sec's H-share | Selected announcement of Hong Kong stocks on December 4th.
① Truly int'l has seen its net revenue increase by over 10% year-on-year within the year, how significant is the scale? ② New china life insurance has increased its stake in haitong sec listed in hong kong, what signal does this send?
New China Life Insurance acquired a stake in haitong sec's H shares, marking the first time in five years that an insurance institution has taken a stake in a listed brokerage, and it is still buying shares after the acquisition.
① New China Life Insurance announced today that it has made a significant investment in Haitong Sec listed in Hong Kong, with the latest announcement showing a shareholding ratio of 5.4846%. ② According to data from the industry association, this is the first time this year that insurance funds have taken a stake in brokerage stocks. It is also the first time in five years that they have taken a stake in brokerage stocks. ③ The latest announcement from yesterday (December 3) shows that New China Asset is still continuing to buy, having acquired 8 million shares of Haitong Sec on December 2 at a price of 7.0024 HKD per share.
Guolian Securities: The opening of life insurance in 2025 still has multiple bullish factors.
Against the background of continuous adjustment of deposit interest rates, the increasing life insurance with a scheduled interest rate of 2.5% and the dividend insurance with a scheduled interest rate of 2.0% still have certain competitive advantages.
New China Life Insurance Announces Board Resignation
New China Life Insurance (01336.HK): Yang Yi resigned as a non-executive director.
Gelonghui, December 3rd丨New China Life Insurance (01336.HK) announced that the board of directors received a resignation letter from director Yang Yi on December 2, 2024. Yang Yi resigned from the positions of non-executive director, and member of the board of directors' global strategy committee and investment committee due to work reasons.
Hong Kong stocks have shown unusual movement | mainland insurance companies are rising as new regulations on insurance asset risk classification are introduced, which is expected to alleviate market concerns regarding the investment risk of insurance comp
Mainland insurance companies surged, as of the time of writing, china pacific insurance (02601) rose by 4.43%, closing at 25.95 HKD; picc p&c (02328) increased by 3.55%, closing at 12.26 HKD; china life insurance (02628) went up by 3.08%, closing at 15.38 HKD.
HK stock market anomaly | Mainland insurance companies rose at the end of the day. Ping An Insurance (02318) is now up more than 3%. Leading companies may explore overseas asset allocation and business expansion.
Mainland insurance companies rose in late trading. As of the time of this report, New China Life Insurance (01336) is up 4.66%, priced at 23.6 Hong Kong dollars; China Taiping (00966) is up 4.07%, priced at 12.26 Hong Kong dollars; China Life Insurance (02628) is up 4.06%, priced at 14.86 Hong Kong dollars; Ping An Insurance (02318) is up 3.49%, priced at 46 Hong Kong dollars.
November 27 Insurance Daily丨Li Yunze highlights the development of the insurance industry! The insurance industry is in fierce competition for a "good start" in 2025; will dividend insurance be able to return to the center stage?
Nine insurance institutions participated. Li Yunze emphasized that "the insurance industry must deeply grasp the rare historical opportunity". Recently, Li Yunze, the secretary of the party committee and director of the Financial Regulatory Bureau, presided over a symposium on the high-quality development of the insurance industry, listening to relevant opinions and suggestions. Members of the Bureau's party committee, Vice Director Xiao Yuanqi and Cong Lin, also attended the symposium. It is worth mentioning that Li Yunze has recently voiced multiple times around the theme of high-quality development in the insurance industry, reflecting a high level of attention to the insurance industry. On November 21st, at the seventh member congress of the China Insurance Industry Association, Li Yunze emphasized the establishment of a big insurance perspective, highlighting the importance of building a safety net for the economy, a social security net, and a disaster prevention net, and made it clear.
Under the wave of separating production and sales, exploring the future path of the insurance intermediary industry in china.
Where to go for insurance sales channels in the digital age?
3 listed insurance companies flex their muscles! The China Life, New China Life, and Ping An collectively distribute a mid-term dividend of 17.252 billion yuan, with the highest dividend yield reaching 15.2%.
① Ping An Insurance distributed cash dividends of 9.914 billion yuan, accounting for 13.29% of the mid-term attributable net income; ② New China Life Insurance distributed cash dividends of 1.685 billion yuan, accounting for 15.2% of the mid-term attributable net income; ③ New China Life Insurance distributed cash dividends of 5.653 billion yuan, accounting for 14.77% of the mid-term attributable net income.
Hong Kong stocks are on the move | The decline of mainland insurance companies has widened as October's life insurance premium growth slows down. The market is paying attention to the liability side performance during the New Year opening phase.
Mainland insurance companies saw their decline expand, as of the time of publication, new china life insurance (01336) fell by 7.24%, closing at 23.05 Hong Kong dollars; china life insurance (02628) fell by 6.68%, closing at 14.52 Hong Kong dollars; china pacific insurance (02601) fell by 4.09%, closing at 24.6 Hong Kong dollars; the people's insurance (01339) fell by 3.89%, closing at 3.71 Hong Kong dollars.
New China Life Insurance (601336.SH) 2024 half-year equity distribution: a distribution of 0.54 yuan per share on November 28 for equity registration.
new china life insurance (601336.SH) announced the semi-annual equity distribution notice for 2024, with profit distribution based on the plan...
new china life insurance (01336) will distribute a cash dividend of 0.54 yuan per share for the 2024 interim A shares on November 29.
New China Life Insurance (01336) issued an announcement stating that it will distribute the 2024 semi-annual A-shares on November 29, 2024...
November 21 Insurance Daily丨The top five listed insurance companies achieved premium income of 2.52 trillion yuan in the first ten months! Insurance agents are fighting for a "good start".
The premium income of the top five listed insurance companies reached 2.52 trillion yuan in the first ten months! Product switching combined with a 'good start' preparation, life insurance premium growth slowed down starting from October 1st, and the maximum guaranteed rate for dividend insurance was lowered from 2.5% to 2.0%. With the landing of rate reductions for traditional insurance and dividend insurance, the pulse-like growth of life insurance premiums has come to a temporary halt. The latest premium data for January-October 2024 shows that China Life Insurance, Ping An Life Insurance, Taikang Life Insurance, New China Life Insurance, and PICC Life Insurance achieved a total premium income of approximately 1.55 trillion yuan, with a year-on-year growth of 5.5%, further slowing down from the premium growth rate in January-September.
Open Source Securities: In October, the growth rate of insurance company premiums fell, focusing on the 25-year anniversary preparations and product switch progress.
Currently, the market is concerned about the performance of the liability end in the early stages of 2025. From the perspective of NBV growth prospects, the impact of price may be greater than quantity. The convergence of individual and bancassurance, optimization of product structure, and further support for the improvement of value rates through the convergence of the scheduled interest rate.
New China Life Insurance Company Ltd.'s (SHSE:601336) Last Week's 10% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake
New China Life Insurance Books 1.8% Higher Premium Income for January-October
Hong Kong stock market anomaly | Mainland insurance companies rose in early trading, maintaining the growth momentum of listed insurance companies premiums in the first 10 months. The attention to the 25-year 'great start' has increased.
Mainland insurance companies rose in the morning session, as of the time of publication, new china life insurance (01336) rose by 4.56%, trading at 25.2 Hong Kong dollars; china life insurance (02628) rose by 3.52%, trading at 15.9 Hong Kong dollars; china pacific insurance (02601) rose by 4.41%, trading at 26.05 Hong Kong dollars; china taiping (00966) rose by 3.4%, trading at 12.76 Hong Kong dollars.
Stocks are hitting the ceiling! Since October, 10 A-share listed companies have announced being targeted, with china national medicines corporation and sh pharma being targeted on the same day by new china life insurance.
① According to incomplete statistics, since October, 10 A-share listed companies including zhejiang east crystal electronic, semiconductor manufacturing international corporation, quanjinhao, lifecome biochemistry, zhejiang jingu, primeton information technologies, inc., guangzhou goaland energy conservation tech, xuzhou handler special vehicle, china national medicines corporation, and sh pharma have announced that they have received major stock purchases from relevant parties (see attached table). ② In the secondary market, this week, xuzhou handler special vehicle and guangzhou goaland energy conservation tech have both seen their stock prices increase by more than 100% since September.
Express News | New China Life Insurance Says Jan-Oct Accumulated Gross Premium Income up 1.8% Y/Y
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