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Hong Kong Stock Exchange Announcement | China Life Insurance's cumulative original insurance premium income in the first seven months was about 523.5 billion yuan, an increase of 4.4% year-on-year.
China Life Insurance accumulated original insurance premium income of approximately 523.5 billion yuan in the first seven months, a year-on-year increase of 4.4%; Longfor Group achieved a total contract sales amount of 58.63 billion yuan in the first seven months...
China Life Reports 4.4% Growth in Premium Income
Express News | China Life Insurance Jan-July Accumulated Premium Income up 4.4% Y/Y
China Life Insurance: The cumulative original insurance premium income from January to July was about 523.5 billion yuan, an increase of 4.4% year-on-year.
China Life Insurance announced that the company's cumulative original insurance premium income between January 1, 2024 and July 31, 2024 was approximately RMB 523.5 billion, a year-on-year increase of 4.4%.
Gtja: The inflection point of insurance company's liability cost will come, and the bullish will relieve the risk of interest rate differential loss.
GTJA Securities predicts that insurance companies will continue to focus on traditional insurance in terms of product structure, and the demonstrated dividend rate should decrease.
Hong Kong stocks fluctuate | Mainland insurance companies fell the most, with reserved interest rates for insurance dropping to 2.5% starting from September and proposing a dynamically adjusting market interest rate.
Mainland insurance companies saw the largest decline in stocks. As of press time, China Pacific Insurance (02601) fell 11.19% to HKD 17.94, China Life Insurance (02628) fell 4.35% to HKD 10.12, New China Life Insurance (01336) fell 2.03% to HKD 14.48, and PICC P&C (02328) fell 1.59% to HKD 9.9.
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Risky Investor : This is aging like milk and is becoming a contrarian indicator