A major reveal of A-share performance in 2024: China Life Insurance earns over 100 billion to claim the title of 'Profit King', and the list of the top 20 pre-profit stocks is here.

① The performance forecast disclosure for A-share listed companies for 2024 has concluded, with China Life Insurance earning a whopping 112.6 billion yuan and claiming the title of "profit king"; ② Attached is the list of the top 20 stocks by performance profit for the 2024 annual report (attached table).

cls.cnJan 30 03:54 ET

Net profit growth exceeds 70%, and the insurance industry's performance growth rate is on track to break a decade record.

Another listed insurance company has disclosed a "good news" report. On January 24, The People's Insurance announced that the company achieved a net profit attributable to the parent of 398.53-...

wallstreetcnJan 24 09:43 ET

Under the new accounting standards, performance fluctuations have increased! New China Life Insurance turned a loss into profit year-on-year in the fourth quarter of last year, but performance dropped sharply compared to the previous quarter.

①The net income for 2024 is expected to increase from 23.958 billion yuan to 25.7 billion yuan, a year-on-year growth of 175% to 195%; ②In the first three quarters of 2024, New China Life Insurance's investment income and fair value change income totaled 47.119 billion yuan; ③With the recovery of the capital markets and the increase in the proportion of equity asset allocation, New China Life Insurance's investment returns have surged.

cls.cnJan 20 09:32 ET

Four executives have new positions, and Ping An Insurance has made adjustments to some executive roles.

Fu Xin also serves as the Chief Financial Officer, Fang Fang concurrently acts as the Chief Risk Officer, and Zhang Zhichun takes on the role of General Assistant and is responsible for auditing.

wallstreetcnDec 24, 2024 05:58 ET

Rescue or 'bottom fishing'? Four insurance companies have acquired 15 Wanda Assets this year.

New China Life Insurance (601336.SH) has taken over another Wanda Assets. According to Tianyancha information, Wanda Plazas in Chifeng and Jinjiang have already occurred...

wallstreetcnDec 23, 2024 04:54 ET

Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."

① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.

cls.cnDec 11, 2024 09:12 ET