06060 ZA ONLINE
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ZA ONLINE News
Hong Kong Stock Announcement Nuggets | Tencent Music-SW Announces First-Quarter Results Net Profit attributable to equity holders of 1.42 billion yuan, up 23.9% year-on-year
China Resources Land (01109)'s cumulative contract sales amount for the first 4 months was about 72 billion yuan; China Life Insurance (02628)'s original insurance premium income for the first 4 months was about 371.2 billion yuan, up 3.9% year-on-year
ZhongAn Online P&C Insurance Logs 9.7 Billion Yuan in January-April Gross Written Premiums
ZhongAn Online P&C Insurance (HKG:6060) recorded gross written premiums of approximately 9.7 billion yuan for the four months ended April 30, a Monday filing on the Hong Kong bourse said. Shares of th
Zhongan Online (06060.HK)'s total insurance premium income from January to April was about 9.7 billion yuan
Gelonghui, May 13 | Zhongan Online (06060.HK) announced that the total amount of the original insurance premium income received by the company from January 1 to April 30, 2024 was approximately RMB 9.7 billion.
ZhongAn Online P & C Insurance Co., Ltd.'s (HKG:6060) Business Is Trailing The Industry But Its Shares Aren't
With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Insurance industry in Hong Kong, you could be forgiven for feeling indifferent about ZhongAn Online P & C Insurance Co., Ltd.'s (
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.
Insurance stock Pusheng Sunshine Insurance (06963) rose 3.42%. Institutions say recent insurance stock adjustments clearly have plenty of room for improvement
Jinwu Financial News | Insurance stocks rose 3.42%, Sunshine Insurance (06963) rose 3.42%, Zhongan Online (06060) rose 2.6%, AIA (01299) rose 2.36%, China Taibao (02601) rose 2.11%, and China Taiping (00966) rose 2.03%. Fangzheng Securities said that recent insurance stock adjustments have been obvious. As of 4/30, PEV of the four major A-share listed life insurance companies was only 0.50 times, far lower than the historical 1-fold center, and there is plenty of room for improvement. On the asset side, economic expectations improved catalytic sector beta. Domestic economic stabilization policies continue to be introduced, and asset-side recovery is planned
ZhongAn Online to Buy Two Properties in The Bund, Shanghai
ZhongAn Online P&C Insurance (HKG:6060) agreed to purchase two properties in The Bund, Shanghai for 1.44 billion yuan, according to a filing with the Hong Kong Exchange on Thursday. The properties bei
Zhongan Online (06060) plans to spend about 1,436.6 billion yuan to acquire properties in the Shanghai Bund Central Business District
Zhongan Online (06060) announced that on April 30, 2024, the company plans to Shanghai Rockefeller Group Bund...
Zhongan Online (06060) core solvency ratio 211.03% at the end of March
Zhitong Finance App News, Zhongan Online (06060) announced that as of March 31, 2024, the company had actual capital of 18.313 billion yuan; core capital of 17.517 billion yuan; comprehensive solvency adequacy ratio of 220.63%; and core solvency adequacy ratio of 211.03%.
[Hong Kong Stock Connect] Zhongan Online (06060) was fined RMB 1.8 million by the General Financial Supervisory Authority as the “No. 1 ticket” of this year
Jinwu Financial News | According to information from the China Financial Supervisory Administration, Zhongan Online (06060) was fined 1.8 million yuan (same below) for the “No. 1 ticket” issued this year. According to the administrative penalty decision, the main illegal facts of Zhongan Online include concealing related relationships and related transactions, falsely charging fees through related parties, misreporting and omitting reports in reports submitted through the related transaction supervision system, and using investment assets formed from the use of insurance funds to issue loans to others. The General Financial Supervisory Authority fined Zhongan Online 1.8 million yuan according to law, and Song Zhenhua, Zhang Yongbo, and Li Gaofeng, then Deputy General Managers of Zhongan Online
眾安在綫：2023年度報告
Direct impact of changes | Domestic insurance stocks are generally rising, and life insurance is expected to get off to a good start as scheduled in the first quarter
On April 22, $China Life Insurance (BK1228) was up in early trading. As of press release, $China Life (02628.HK) $ rose 3.89% to HK$9.35; $Zhongan Online (06060.HK) $ rose 3.58% to HK$11.56; $China Taibao (02601.HK) $ rose 3.34% to HK$16.08; $China Ping An (02318.HK) $ rose 3.05% to HK$32.10. Market source: According to news from Futubull Niu Niu, the top five A-share listed insurers handed over their first-quarter responses. China Life Insurance, China Insurance
Changes in Hong Kong stocks | Zhongan Online (06060) rose more than 5%. The company's original insurance premium income of about 7.086 billion yuan in the first 3 months increased 18.1% year-on-year
The Zhitong Finance App learned that Zhongan Online (06060) rose by more than 5% and rose 5.56% at press time to HK$11.78, with a turnover of HK$20.87 million. According to the news, the company previously announced that the total amount of original insurance premium income received by the company in the first three months of 2024 was approximately RMB 7.086 billion, an increase of 18.1% over the previous year. According to Everbright Securities, the company's 23H1/H2 profit was 2.2/3.86 billion yuan respectively, mainly benefiting from the sharp improvement in investment income, the year-on-year increase in underwriting profit, and the confirmation of one-time investment income by Zhongan International after switching from a subsidiary to a joint venture3
[Broker Focus] BOC International cuts the target price of Zhongan Online (06060) by 14% and the premium growth rate is expected to slow year-on-year this year
Jinwu Financial News | Bank of Commerce International Development Report indicates that in 2023, if Zhongan Online (06060) excludes one-time factors, the adjusted net profit to the mother was 294 million yuan, lower than expected, mainly due to lower investment income than expected. The bank expects the company to focus more on underwriting quality in 2024, and the premium growth rate will slow down compared to 2023. Premium income increased 24.7% year-on-year in 2023, mainly due to the digital lifestyle ecosystem. The premium growth rate is expected to be between 10-15% in 2024. The overall cost ratio is expected to remain stable. The company significantly reduced its shares in the second half of 2023
[Broker Focus] Pacific Securities first gave Zhongan Online (06060) “gain” rating, investment income improved significantly, and is optimistic about the company's growth
Jinwu Financial News | According to Pacific Securities Research and Development, Zhongan Online (06060) released its 2023 annual report. During the reporting period, it achieved total premiums of 29.685 billion yuan, +23.7% year over year; achieved income from insurance services of 27.535 billion yuan, +24.1% year on year; realized net profit of 4,079 million yuan. After excluding one-time revenue of 3.784 billion yuan brought by Zhongan International to a joint venture, net profit to mother was approximately 294 million yuan, a year-on-year correction. According to the bank, the company's technology export business continued to expand domestic and foreign markets. During the reporting period, 101 new insurance industry chain customers were signed, and the total revenue was the same
Zhongan Online (06060)'s original insurance premium income in the first 3 months was about 7.086 billion yuan, an increase of 18.1% over the previous year
Zhongan Online (06060) announced that the total amount of the original insurance premium income received by the company in the first 3 months of 2024 was about...
Declining Stock and Solid Fundamentals: Is The Market Wrong About ZhongAn Online P & C Insurance Co., Ltd. (HKG:6060)?
ZhongAn Online P & C Insurance (HKG:6060) has had a rough three months with its share price down 18%. However, stock prices are usually driven by a company's financial performance over the long term
Changes in Hong Kong stocks | Zhongan Online (06060) rose more than 6%. Net profit returned to mother in '23 of 4,078 billion yuan, which turned a year-on-year loss to profit, and the growth rate of auto insurance far exceeded the industry average
Zhongan Online (06060) rose more than 6% and rose 6.25% at press time to HK$12.58, with a turnover of HK$23.43 million.
ZhongAn Online P&C Insurance Returns to Profit in 2023; EPS, Revenue Beat Estimates
ZhongAn Online P&C Insurance (HKG:6060) recorded an attributable profit of 4.08 billion yuan for the year 2023, as compared to an attributable loss of 1.11 billion yuan in 2022, a filing posted on the
[Hong Kong Stock Connect] Zhongan Online (06060) turned a loss last year into a profit of 4,078 billion yuan without dividends
Jinwu Financial News | Zhongan Online (06060) announced that the net profit attributable to shareholders of the parent company for the year ended December 31, 2023 was 4,078 billion yuan (RMB, same below). The same period last year was a loss of 1,112 billion yuan, which turned a year-on-year loss into a profit; basic income per share was 2.77 yuan. No dividends. During the period, the Group's total premiums amounted to 29.685 billion yuan, an increase of 23.66% over the previous year. Total revenue increased by approximately 44.2% to $33.539 billion. Among them, Health Ecology achieved a total premium of 9.806 billion yuan, an increase of 9.2% over the previous year; Health Ecology's personal insurance payers were about 19.96 million
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