Featured announcements | Kanzhun revenue increased 19% year-on-year in the third quarter; China Taibao's original premium income during the year exceeded 410 billion yuan

Xinyi Glass and Xinyi Auto Glass (Hong Kong) signed a 2024 glass supply agreement; CGN Energy completed a cumulative total of 17,684.1 gigawatt-hours of power generation in the first 11 months, an increase of 1.7% over the previous year.

cls.cn19:17 ET

Hong Kong Stock Report, December 12: KPMG expects Hong Kong listed companies to raise more than 100 billion dollars next year, and Kaisa discloses the progress of overseas debt restructuring

① The Legislative Council of the Hong Kong Special Administrative Region passed the “Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024” ② KPMG expects to raise capital of HK$100 billion for listed companies in Hong Kong ③ KPMG discloses progress in overseas debt restructuring ④ Bitcoin market strengthens again and rises back to 0.1 million US dollars

cls.cn18:40 ET

China Pacific Insurance (601601.SH): In the first 11 months, the subsidiary The Pacific Life Insurance accumulated premiums of 228.842 billion yuan, a year-on-year increase of 2.2%.

Gelonghui reported on December 11 that China Pacific Insurance (601601.SH) announced that from January 1, 2024, to November 30, 2024, its subsidiary China Pacific Life Insurance Co., Ltd. accumulated original insurance premium income of 228.842 billion yuan, a year-on-year increase of 2.2%. Its subsidiary China Pacific Property Insurance Co., Ltd. accumulated original insurance premium income of 187.033 billion yuan, a year-on-year increase of 7.0%.

Gelonghui FinanceDec 11 04:19 ET

Express News | China Pacific Insurance - Jan-Nov Primary Premium Income of China Pacific Life Insurance RMB228.842 Bln

ReutersDec 11 04:18 ET

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.

Zhitong FinanceDec 11 01:27 ET

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%.

Jingwu Financial News.Dec 6 00:58 ET