[Brokerage Focus] CITIC SEC: The Insurance Sector currently shows characteristics of a slow bull market, suggesting a medium to long-term layout.

Jinwu Finance News | CITIC SEC states that the bank believes that Insurance stocks in China are beginning a slow bull market. The reasons include: 1) The supply side is significantly clearing out, and life insurance business, especially the Silver insurance business, is continuously concentrating on leading companies. 2) The demand side is oriented towards the Fixed Income market, and in a low-interest-rate environment, similar competitive products have lost their relative competitive advantage. Over the past three years, insurance companies have occupied the market through traditional insurance, and in the future, they will meet market demand through dividend insurance. 3) Listed leading insurance companies are adopting differentiated competition strategies, bravely leading the trend, and showcasing their respective capability advantages. 4) The government has clearly set the CPI target for 2025 at around 2%, but long-term expectations and estimates...

Jinwu Finance NewsMar 16 20:40 ET

New China Life Insurance Schedules Board Meeting to Discuss 2024 Results and Dividends

TipRanksMar 14 05:19 ET

New China Life Insurance (01336.HK) will hold a Board of Directors meeting on March 27 to approve the annual performance.

Globe News reported on March 14 that New China Life Insurance (01336.HK) announced that the Board of Directors will hold a meeting on March 27, 2025, to approve the release of the annual performance announcement for the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the distribution of a final dividend (if any).

Gelonghui FinanceMar 14 05:08 ET

Hong Kong stocks closed (03.14) | The Hang Seng Index rose by 2.12% Infants-Related concept stocks surged, while large financial stocks and consumer stocks were strong throughout the day.

The central bank has clearly stated that it will lower the reserve requirement ratio and interest rates at the right time, leading to a strong rally in the three major Hong Kong stock indices, with the Hang Seng Index once breaking through the 24,000 mark and the Hang Seng Technology Index rising nearly 3% at one point.

Zhitong FinanceMar 14 04:52 ET

NCI: NOTICE OF BOARD MEETING

HKEXMar 14 04:48 ET · Announcements

Hong Kong stocks movement | Mainland Insurance Companies rose across the board as long-term interest rates rebound helps ease allocation pressure, Institutions say the resonance of assets and liabilities may continue.

Mainland Insurance Companies rose across the board. As of the time of writing, China Pacific Insurance (02601) increased by 6.93%, reaching 25.45 HKD; New China Life Insurance (01336) rose by 5.95%, reaching 29.45 HKD; China Life Insurance (02628) grew by 5.28%, reaching 16.36 HKD; Ping An Insurance (02318) increased by 4.19%, reaching 48.5 HKD.

Zhitong FinanceMar 13 22:30 ET