Minsheng Securities' forecast for the first quarter report in the Insurance Industry: Life insurance profits are expected to diverge while property insurance is likely to achieve stable growth.

The current valuation of the Insurance Sector remains relatively low. The recent rebound in long-term interest rates is expected to alleviate the bond allocation pressure on insurance companies, while the continuous Inflow of funds into the Hong Kong stock market is also likely to continue boosting the valuation performance of Listed in Hong Kong insurance.

Zhitong FinanceMar 25 01:34 ET

The CEO of HSBC Holdings: will delve deeply into the markets of Asia and the Middle East.

At a HSBC Holdings conference in Hong Kong, CEO Noel Quinn stated in an interview that after exiting key businesses in Europe and the USA, the bank expects to double down on its investment banking business in Asia and the Middle East. Quinn indicated that HSBC Holdings is "on a strong trajectory" and plans to reallocate $1.5 billion to growth and areas of advantage. He expressed satisfaction with HSBC's footprint and stated that efforts would be intensified in debt and financing, as well as equity Capital Markets and mergers and acquisitions in the Middle East. Quinn, who took office about six months ago, has implemented a comprehensive reform leading to the departure of several senior executives. He merged the commercial and investment banking divisions.

Global market reportMar 25 00:36 ET

Insurance capital is about to "operate" Gold! Four major insurance capital giants have been approved to become members of the Shanghai Gold Exchange.

Insurance funds broaden the channels for risk avoidance.

wallstreetcnMar 24 21:23 ET

Postal Savings Bank Of China (01658.HK) received a Shareholding of 21.098 million shares from Ping An Insurance.

On March 25, Gallant Finance reported that according to the latest equity disclosure information from the Hong Kong Stock Exchange, on March 19, 2025, Postal Savings Bank Of China (01658.HK) was increased by Ping An Insurance (Group) Company Limited in the market with an average price of HKD 5.3234 per share for 21.098 million shares, involving about HKD 0.112 billion. After the shareholding increase, Ping An Insurance (Group) Company Limited's latest shareholding number is 1,802,632,000 shares, and the shareholding ratio increased from 8.97% to 9.07%.

Gelonghui FinanceMar 24 19:19 ET

Ping An of China CSI HK Dividend ETF (3070/9070) Named Best Performer at Bloomberg Businessweek Top Fund Awards for Second Year Running

PR NewswireMar 24 09:40 ET

[Brokerage Focus] CMB International maintains a "Buy" rating on Ping An Insurance (02318), waiting for the turning point of growth in life insurance operating profit.

Jinwu Financial News | According to a Research Report from Shouyin International, Ping An Insurance (02318) announced its 2024 performance, with the group's profit attributable to shareholders increasing by 9.1% year-on-year to 122 billion yuan, slightly higher than the bank's previous expectation of 120 billion yuan, benefiting from a significant rebound in property insurance operating profit (up 67.7% year-on-year) and a substantial reduction in losses from asset management business (losses decreased by 42.6% year-on-year). The operating profit attributable to shareholders in the life and health insurance Sector decreased by 1.9% year-on-year to 97 billion yuan, although the decline has narrowed compared to FY23 (-3.2%), it is still below the bank's expectation of reaching a growth turning point.

Jingu Financial NewsMar 24 02:44 ET