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Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.
Heng Seng Index Company stated that state-owned enterprises have significantly outperformed in the Hong Kong stock market in recent years.
China Life Insurance Welcomes New Supervisor
China Life Insurance (02628): Dong Haifeng's qualification as a supervisor of the company has been approved.
China Life Insurance (02628) announced that the company recently received the National Financial Supervision and Administration Commission's notice regarding Mr. Dong Haifeng's appointment...
Hong Kong stocks in motion: Insurance stocks rise collectively, and the profitability of insurance companies' interim reports is expected to improve. NBV is expected to maintain good growth.
According to the Zhixin Finance APP, insurance stocks have risen collectively. As of press time, AIA (01299) rose 4.04% to HK$54.1; China Life Insurance (02628) rose 3.7% to HK$11.2; China Taiping (00966) rose 3.42% to HK$8.46; New China Life Insurance (01336) rose 2.12% to HK$15. Open Source Securities pointed out that the year-on-year growth of 2024H1 performance is expected to be better than that of Q1, and NBV is expected to maintain a good growth rate. The bank stated that the liability end continued to be in a high prosperity, the central bank's stance of stabilizing long-term interest rates was favorable to the asset end, and the mid-year performance increased year on year.
China Life Insurance Logs 4% Boost in H1 Premium Income
China Life Insurance (HKG:2628, SHA:601628) recorded a premium income of approximately 489.6 billion yuan in the first half of 2024, up 4.1% from the year-ago period, a Wednesday bourse filing said.
China Life Insurance (02628.HK): Appointed executive director, Vice President and Chief Investment Officer Liu Hui to act as Secretary of the Board of Directors.
On July 10th, Gelunhui reported that Zhao Guodong, the secretary of the board of directors of China Life Insurance (02628.HK), submitted a written resignation to the board of directors for job transfer reasons effective from the date of delivery. On the same day, the second meeting of the eighth board of directors of the company approved the proposal of appointing Liu Hui to act as the company's board secretary, who is the executive director, vice president and chief investment officer of the company. The company will promptly complete the selection of the board secretary in accordance with relevant regulations and requirements.
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Risky Investor : This is aging like milk and is becoming a contrarian indicator![laughing 😆](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f606.png)