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.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
Announcement Highlights | Suoteng Juchuang plans to issue shares at a discount of 7.96% to raise a net amount of 0.271 billion Hong Kong dollars; SenseTime intends to issue shares at a discount of nearly 6.3% to raise 2.787 billion Hong Kong dollars.
From January to November, China Life Insurance's accumulated original insurance premium income was approximately 644.3 billion yuan, a year-on-year increase of 4.8%; YUZHOU GROUP's accumulated contract sales from January to November were 7.247 billion yuan, with sales of 0.781 billion yuan in November.
Gelonghui Announcement Highlights (Hong Kong Stocks) | FOSUN TOURISM (01992.HK) plans to privatize at a premium of approximately 95.00%. Trading will resume tomorrow.
【Today's Focus】FOSUN TOURISM (01992.HK) plans to privatize at a premium of approximately 95.00%. FOSUN TOURISM (01992.HK) will resume trading tomorrow. The announcement states that on December 9, 2024, the Board of Directors resolved to propose a plan to repurchase the company's shares under Article 86 of the Company Law via an agreement arrangement, to the Shareholders. Subject to the effectiveness of this plan, all planned shares (excluding the planned shares not allocated to the trustee) will be canceled, in exchange for cash of 7.80 HKD per planned share. The planned shares not allocated to the trustee will be canceled without compensation. The cancellation price is 7.80 HKD.
China Life Insurance Reports Premium Growth in 2024
Express News | China Life Insurance - Accumulated Premium Income for Jan to Nov RMB644.3 Bln
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