Express News | New China Life Insurance Says Plans to Issue up to 10 Bln Yuan Worth of Perpetual Capital Bonds

ReutersFeb 28 05:40 ET

New China Life Insurance Announces Board Composition

TipRanksFeb 28 05:17 ET

Major measures for financial opening! Lowering the access threshold for Financial Institutions from Hong Kong and Macao to the mainland. How will capital from Hong Kong and Macao ignite the mainland Insurance market?

① On one hand, it will help accelerate overseas Financial Institutions' investment in China's Insurance market, partially alleviating the current capital tightness in the Insurance Industry; ② On the other hand, it will also be beneficial in introducing products and experiences from mature Insurance markets; ③ Some experts believe that if a capital investment of billions of dollars comes in, it could leverage a large-scale premium.

cls.cnFeb 26 06:58 ET

Hong Kong stocks are fluctuating | The Mainland Insurance Companies expanded their gains at the close as regulators continue to guide insurance companies to reduce liability costs. The rise in long-term interest rates helps alleviate allocation pressure.

The Mainland Insurance Companies' gains expanded at the close, as of the time of writing, New China Life Insurance (01336) rose by 6.89%, priced at 28.7 Hong Kong dollars; China Pacific Insurance (02601) rose by 6.39%, priced at 25.8 Hong Kong dollars; The People's Insurance (01339) rose by 5.12%, priced at 4.11 Hong Kong dollars; Ping An Insurance (02318) rose by 4.73%, priced at 48.7 Hong Kong dollars.

Zhitong FinanceFeb 26 02:31 ET

Guosen: In 24Q4, the yield on Insurance investment significantly rebounded, remaining Bullish on long-duration Bonds and high-dividend Stocks allocation opportunities.

In the context of "Asset Scarcity," expanding investment channels for Insurance has become an important means of stabilizing medium to long-term investment returns. The bank remains Bullish on allocation opportunities in long-duration Bonds and high-dividend Stocks.

Zhitong FinanceFeb 25 04:03 ET

Goldman Sachs Keeps Their Sell Rating on New China Life Insurance Co., Ltd. Class H (1336)

TipRanksFeb 24 11:15 ET · Ratings