Changes in Hong Kong stocks | Domestic insurance stocks continued to rise, insurers NBV performed well in the first quarter, and the sector's valuation rebound is expected to continue

Domestic insurance stocks continued to rise. As of press release, Zhongan Online (06060) rose 4.33% to HK$14.46; China Taibao (02601) rose 3.89% to HK$18.7.

Zhitong FinanceMay 3 01:45 ET

Changes in Hong Kong stocks | Insurance stocks continue to strengthen, insurer NBV's performance exceeded expectations in the first quarter, and sector valuation repair is expected to continue under asset-side catalysts

The Zhitong Finance App learned that insurance stocks continued to strengthen in early trading. As of press release, AIA (01299) rose 9.07% to HK$58.9; China Taibao (02601) rose 5.72% to HK$18.12; China Life (02628) rose 4.85% to HK$10.8; Xinhua Insurance (01336) rose 4.61% to HK$15.44; Ping An (02318) rose 4.33% to HK$37.35. According to the news, judging from the quarterly reports of listed insurers currently disclosed, the overall year-on-year growth rate of insurers NBV has exceeded expectations under comparable standards. Among them

Zhitong FinanceApr 28 23:02 ET

二零二三年年報

Futu NewsApr 26 05:29 ET · Announcements

[Broker Focus] CMB International maintains Ping An China (02318) “buy” rating indicating that the value of the new life insurance and health insurance business exceeds expectations

Jinwu Financial News | CMB International said that the first quarter results of Ping An of China (02318) showed the growth resilience of its main business segments in life insurance, financial insurance and banking. The value of the new life insurance and health insurance business increased 20.7% year over year to $12.89 billion under a comparable scale, exceeding market expectations and better than the bank's forecast of achieving medium double digit year-on-year growth. According to the bank, the company's stock price is currently at 0.47 times FY24EP/EV and 0.71 times FY24E net market ratio. The steady upward trend in stock prices in the future will be affected by: 1) a recovery in market sentiment; 2) a steady recovery in return on asset-side investments; and 3) creditworthiness in housing

金吾財訊Apr 25 02:41 ET

CICC: Life insurance profits may exceed expectations, Chinese life insurance welcomes medium-term investment opportunities

Chinese life insurance currently has medium-term investment opportunities.

Zhitong FinanceApr 25 02:14 ET

Changes in Hong Kong stocks | Insurance stocks rise, China's Taiping (00966) rises more than 6%. Institutions expect long-term interest rates to fall, and the asset side is expected to usher in marginal improvements

As of press release, China's Taiping (00966) rose 6.3% to HK$7.26, Ping An of China (02318) rose 3.78% to HK$35.7, and AIA (01299) rose 3.37% to HK$52.1.

Zhitong FinanceApr 24 22:42 ET