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Soochow Securities: PBOC's sale of bonds sets the tone for the bottom of long-term interest rates. The extent of interest rate rebound determines the height of life insurance repair.
Although the Damocles sword has not been lifted, the central bank's 'bond sales' has set the tone for the bottom of long-term interest rates. The strength of the interest rate rebound determines the height of the life insurance repair, with Taiping and Xinhua being the top recommendations.
Hong Kong stocks have changed | Mainland insurance companies rose across the board in early trading as institutions explore alternative investments under asset shortages and it is expected that NBV growth rate in the first half of the year will exceed exp
According to the Wisdom Financial app, mainland insurance companies rose across the board early on, with China Taiping Insurance (00966) up 6.14% to HKD 8.47, China Pacific Insurance (02601) up 5.19% to HKD 20.05, and Ping An Insurance (02318) up 4.52% to HKD 37.05, as of the time of publication. In recent news, the new energy automobile brand Zhiji has undergone a change of shareholders in the industry and added shareholders such as China Pacific Insurance. In the context of low interest rates and poor performance of the equity market, pressure on the asset side is a challenge for insurance companies.
Hong Kong stock market change | Mainland insurance companies fell sharply in the afternoon, suppressing sector performance due to loss of interest rate spread risk. It is expected to achieve good profit growth in the first half of the year.
Mainland insurance companies saw their afternoon trading losses expand. As of press time, New China Life Insurance (01336) fell by 4.1% to HKD 14.96, China Life Insurance (02628) fell by 2.64% to HKD 11.08, PICC P&C (02328) fell by 2.22% to HKD 9.67, and China Pacific Insurance (02601) fell by 1.62% to HKD 19.44.
China Pacific Insurance (02601.HK) received a shareholding of 1.9082 million shares from JPMorgan.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, on June 19, 2024, China Pacific Insurance (02601.HK) received an increase of 1.9082 million shares by JPMorgan Chase & Co. at an average price of HKD 20.4489 per share, involving approximately HKD 39.0212 million. After the increase, the latest total shares held by JPMorgan Chase & Co. is 195,964,972, and the shareholding ratio has risen from 6.99% to 7.06%.
"Sharing good times, love never ends" China Pacific Insurance successfully concludes its brand partnership with the 26th Shanghai International Film Festival.
The 26th Shanghai International Film Festival, which lasted for 10 days and was the hottest light and shadow feast of Shanghai summer, came to a successful conclusion on June 23. The Shanghai International Film Festival is the first and only international A-class film festival in China recognized by the International Federation of Film Producers Associations, and is one of the 15 international A-class film festivals around the world, along with the Cannes International Film Festival, Venice International Film Festival and Berlin International Film Festival. As the official partner of this film festival, China Taiping Insurance's brand advertising and the trailer of the documentary "Bottom Line" produced jointly with SMG Documentary Center were shown on the big screen of 47 cinemas throughout Shanghai during the 10-day festival.
China Pacific Insurance (Group) Co., Ltd.'s (SHSE:601601) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
China Pacific Insurance (Group)'s (SHSE:601601) stock is up by a considerable 26% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to
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