china life insurance has completed the shareholding of bank of hangzhou. The original plan to "clear the warehouse" ended up retaining 0.85% of the shares, without disclosing whether further shareholding will continue.

①According to the latest announcement from Bank of Hangzhou, China Life Insurance has completed the shareholding reduction in this round, with a cumulative reduction of approximately 0.77 billion yuan. ②This round of shareholding reduction accounts for 1.00% of the total share capital, originally planned not to exceed 1.86%, and it is not disclosed whether the shareholding reduction will continue in the future. ③Within the year, many listed banks such as Bank of Hangzhou, Bank of Qilu, and Bank of Ningbo have disclosed that shareholders or senior management have reduced their holdings for various reasons.

cls.cnNov 25 08:28 ET

3 listed insurance companies flex their muscles! The China Life, New China Life, and Ping An collectively distribute a mid-term dividend of 17.252 billion yuan, with the highest dividend yield reaching 15.2%.

① Ping An Insurance distributed cash dividends of 9.914 billion yuan, accounting for 13.29% of the mid-term attributable net income; ② New China Life Insurance distributed cash dividends of 1.685 billion yuan, accounting for 15.2% of the mid-term attributable net income; ③ New China Life Insurance distributed cash dividends of 5.653 billion yuan, accounting for 14.77% of the mid-term attributable net income.

cls.cnNov 22 07:01 ET

Stocks are hitting the ceiling! Since October, 10 A-share listed companies have announced being targeted, with china national medicines corporation and sh pharma being targeted on the same day by new china life insurance.

① According to incomplete statistics, since October, 10 A-share listed companies including zhejiang east crystal electronic, semiconductor manufacturing international corporation, quanjinhao, lifecome biochemistry, zhejiang jingu, primeton information technologies, inc., guangzhou goaland energy conservation tech, xuzhou handler special vehicle, china national medicines corporation, and sh pharma have announced that they have received major stock purchases from relevant parties (see attached table). ② In the secondary market, this week, xuzhou handler special vehicle and guangzhou goaland energy conservation tech have both seen their stock prices increase by more than 100% since September.

cls.cnNov 17 02:30 ET

Raise the banner! Raise the banner! Insurance funds take action again, new china life insurance increases shareholding in 2 pharmaceutical stocks to 5% in one day.

① New china life insurance increased its shareholding in china national medicines corporation and sh pharma on November 12. ② The number of listed companies that insurance funds have invested in this year has reached a total of 14.

cls.cnNov 13 07:48 ET

China Life Insurance Company Limited (CILJF) Q3 2024 Earnings Call Transcript Summary

moomoo AINov 2 04:46 ET · Conference Call

New China Life Insurance third-quarter report: weak premium growth, substantial net profit surge, sustainability of high investment income questioned by industry insiders.

1. In the first three quarters, new china life insurance achieved a net income attributable to the parent company of 20.68 billion yuan, a staggering increase of 116.7% year-on-year; 2. In the first three quarters, new china life insurance achieved an original premium income of 145.644 billion yuan, showing weak growth of 1.9% year-on-year; 3. In the first three quarters, the annualized comprehensive investment yield was 8.1%, up 5.1 percentage points year-on-year.

cls.cnOct 31 03:44 ET