Express News | BlackRock's Long Position in H-Shares of New China Life Insurance Decreases to 4.62% on Oct 30 From 5.15% - HKEX

ReutersNov 4 04:11 ET

[Brokerage Focus] Bocom Intl raises target prices for multiple insurance stocks

Golden Horse Financial News | Bocom Intl raises target prices for multiple insurance stocks. China Life Insurance (02628) investment income and profitability demonstrate relatively high elasticity. The bank has raised profit forecasts, expecting a 1.78 times year-on-year profit growth in 2024. Based on a 0.7 times 2025 P/B ratio, the bank has raised the company's target price from HK$14 to HK$19, maintaining a buy rating. China Pacific Insurance (02601) has rich experience in selling dividend insurance products and has made good progress in transitioning to dividend insurance products. The bank has raised profit forecasts, expecting a 69% year-on-year profit growth for the company in 2024, based on 20

Jinwu Financial NewsOct 31 21:07 ET

New China Life Insurance third-quarter report: weak premium growth, substantial net profit surge, sustainability of high investment income questioned by industry insiders.

1. In the first three quarters, new china life insurance achieved a net income attributable to the parent company of 20.68 billion yuan, a staggering increase of 116.7% year-on-year; 2. In the first three quarters, new china life insurance achieved an original premium income of 145.644 billion yuan, showing weak growth of 1.9% year-on-year; 3. In the first three quarters, the annualized comprehensive investment yield was 8.1%, up 5.1 percentage points year-on-year.

cls.cnOct 31 03:44 ET

gtja: The marginal decline in life insurance growth rate in September, while property insurance continues to slow down.

Insurance industry premium income from January to September reached 4794.5 billion yuan, with a comparable caliber year-on-year increase of 7.2% (previous value was 7.5%).

Zhitong FinanceOct 31 02:18 ET

Hong Kong stock unusual movement | new china life insurance (01336) rose more than 4% after performance increase, significant improvement on the investment side, turning loss into profit year-on-year to 9.6 billion yuan in the third quarter.

new china life insurance (01336) rose more than 4% after the performance, as of the deadline for submission, up 3.88%, reported 26.8 Hong Kong dollars, turnover of 0.248 billion Hong Kong dollars.

Zhitong FinanceOct 30 22:48 ET

New China Life Insurance released its performance for the first three quarters, with a net income of 20.68 billion yuan, a year-on-year increase of 116.7%.

new china life insurance (601336.SH) released the report for the first three quarters of 2024, during the reporting period the company achieved revenue...

Zhitong FinanceOct 30 12:01 ET