china life insurance has completed the shareholding of bank of hangzhou. The original plan to "clear the warehouse" ended up retaining 0.85% of the shares, without disclosing whether further shareholding will continue.

①According to the latest announcement from Bank of Hangzhou, China Life Insurance has completed the shareholding reduction in this round, with a cumulative reduction of approximately 0.77 billion yuan. ②This round of shareholding reduction accounts for 1.00% of the total share capital, originally planned not to exceed 1.86%, and it is not disclosed whether the shareholding reduction will continue in the future. ③Within the year, many listed banks such as Bank of Hangzhou, Bank of Qilu, and Bank of Ningbo have disclosed that shareholders or senior management have reduced their holdings for various reasons.

cls.cnNov 25 08:28 ET

3 listed insurance companies flex their muscles! The China Life, New China Life, and Ping An collectively distribute a mid-term dividend of 17.252 billion yuan, with the highest dividend yield reaching 15.2%.

① Ping An Insurance distributed cash dividends of 9.914 billion yuan, accounting for 13.29% of the mid-term attributable net income; ② New China Life Insurance distributed cash dividends of 1.685 billion yuan, accounting for 15.2% of the mid-term attributable net income; ③ New China Life Insurance distributed cash dividends of 5.653 billion yuan, accounting for 14.77% of the mid-term attributable net income.

cls.cnNov 22 07:01 ET

Hong Kong stocks are on the move | The decline of mainland insurance companies has widened as October's life insurance premium growth slows down. The market is paying attention to the liability side performance during the New Year opening phase.

Mainland insurance companies saw their decline expand, as of the time of publication, new china life insurance (01336) fell by 7.24%, closing at 23.05 Hong Kong dollars; china life insurance (02628) fell by 6.68%, closing at 14.52 Hong Kong dollars; china pacific insurance (02601) fell by 4.09%, closing at 24.6 Hong Kong dollars; the people's insurance (01339) fell by 3.89%, closing at 3.71 Hong Kong dollars.

Zhitong FinanceNov 22 01:13 ET

China Life Insurance Announces Board and Committee Roles

TipRanksNov 21 04:09 ET

China Life Insurance Appoints New Independent Director

TipRanksNov 21 04:09 ET

gtja: Strengthening the connection between assets and liabilities to return to the "real growth" of insurance profits.

The fundamental reason for the mismatch on the liability side is the pressure of business assessment represented by premium scale and NBV. During the interest rate down cycle, there is a divergence between the new business profit growth and the new business value growth of insurance companies, and greater emphasis should be placed on the value growth of achievable investment returns.

Zhitong FinanceNov 21 01:11 ET