Nomura Adjusts The People's Insurance Co (Group)'s Price Target to HK$3.75 From HK$3.41, Keeps at Buy

03:32 AM EDT, 05/22/2024 (MT Newswires) -- Nomura Adjusts The People's Insurance Co (Group)'s Price Target to HK$3.75 From HK$3.41, Keeps at Buy Price (HKD): $2.90, Change: $+0.04, Percent Change: +1.

MT NewswiresMay 22 03:32 ET

China Merchants Securities: In April, the premium income of listed insurers was steady, and the asset side ushered in triple catalysis

Recently, listed insurers disclosed the original insurance premium income from January to April 2024. The monthly increase in life insurance premiums of various companies in April was mainly driven by renewal, and the value performance may be better than expected; the growth rate of financial insurance premiums is not expected to be due to differences in the auto insurance business.

Zhitong FinanceMay 22 02:36 ET

PICC's Total Original Premiums Reach 300 Billion Yuan in First Four Months of 2024

PICC Group (HKG:1339, SHA:601319) logged about 300.1 billion yuan in total original premiums from its property and casualty, life, and health units for the January-April period, according to a Friday

MT NewswiresMay 20 02:58 ET

China Merchants Securities: The insurance sector continues to rise, optimistic about investment opportunities in the life insurance sector

An insurance sector with undervaluation, low holdings, and low expectations, or an excellent choice reflecting the equity market, real estate expectations, and interest rate environment at the moment.

Zhitong FinanceMay 19 23:37 ET

Gelonghui Announces Selected (Hong Kong Stocks) | Zero Sports Auto (09863.HK)'s revenue for the first quarter reached 3.486 billion yuan, and total vehicle deliveries surged 217.9% year on year

[Today's Focus] Zero Sports Auto (09863.HK)'s first quarter revenue reached 3.486 billion yuan, and total vehicle deliveries surged 217.9% year on year. Zero Sports Auto (09863.HK) announced unaudited financial results for the first quarter of 2024. Revenue for the first quarter of 2024 was RMB 3,466.2 billion, an increase of 141.7% over the same period in 2023. Net cash used for operating activities in the first quarter of 2024 was RMB 1,1809 million, compared to RMB 2,610.7 billion for the same period in 2023. The total number of car deliveries in the first quarter of 2024 was 33,4

Gelonghui FinanceMay 17 10:59 ET

China People's Insurance Group (01339.HK): From January to April, the original premium income of RMB 30.117 billion increased 1.25% year-on-year

Gelonghui, May 17, 丨 China People's Insurance Group (01339.HK) announced that from January to April 2024, the original insurance premium income obtained through the company's subsidiaries People's Insurance Insurance, Human Insurance Life Insurance and Human Insurance Health was RMB 210.495 billion, RMB 60.47 billion and RMB 29.152 billion, respectively. The total was RMB 30.117 billion, an increase of 1.25% over the previous year.

Gelonghui FinanceMay 17 04:45 ET