Haitong Securities: What is the impact of falling interest rates on insurance companies' operations?
In the long run, the economic growth rate determines the level of interest rates, and the interest rate center gradually declines as the potential growth rate of the economy declines.
[Broker Focus] Guolian Securities maintains the China People's Insurance Group (01339) “buy” rating, indicating that its competitive advantage in financial insurance is prominent and the personal insurance value ratio has improved markedly
Jinwu Financial News | According to the Guolian Securities Research Report, China People's Insurance Group (01339) released its 2024 quarterly report. Under the new standards, the company achieved insurance service revenue of 126.172 billion yuan, +7.7% year-on-year; achieved net profit of 8.963 billion yuan, or -23.5% year-on-year. The COR of Human Insurance increased year-on-year, but underwriting profitability was still ahead of peers; the NBV of Life Insurance increased year-on-year, and the profitability of Human Insurance Health was outstanding; and the year-on-year decline in net profit was mainly due to market fluctuations affecting investment income performance. The bank continued, considering that the underwriting profitability of financial insurance is expected to remain at a good level, life insurance and
Nomura Adjusts The People's Insurance Company (Group) of China's Price Target to HK$3.41 From HK$3.52, Keeps at Buy
05:20 AM EDT, 05/08/2024 (MT Newswires) -- Nomura Adjusts The People's Insurance Company (Group) of China's Price Target to HK$3.41 From HK$3.52, Keeps at Buy Price (HKD): $2.65, Change: $-0.05, Perc
Nomura: Maintaining the China People's Insurance Group's (01339) “Buy” rating and lowering the target price to HK$3.41
Nomura currently expects the net profit of the China People's Insurance Group (01339) to increase by 16% and 7% in 2024/25.
[Broker Focus] Nomura cuts China People's Insurance Group (01339) target price by 3%, indicating weak performance in the first quarter
Jinwu Financial News | According to the Nomura Research Report, the performance of the People's Insurance Group of China (01339) in the first quarter of 2024 was weak. The bank lowered its net profit forecast for the 2024/25 fiscal year by 6% and 7%, as net profit for the first quarter of 2024 fell 24% year-on-year to RMB 9 billion. Net profit is currently expected to increase by 16% and 7% in 2024/25, and the total return on investment will increase to 4.1% and 4.2%. In addition, the bank lowered its 2024/25 net asset forecast by 1% and 0.3%, as net assets increased by 1% quarterly to RMB 246 billion as of the end of the first quarter of 2024, lower than
The Past Year for People's Insurance Company (Group) of China (HKG:1339) Investors Has Not Been Profitable
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. But if you buy individual stocks, you can do both better or worse than that. For example
Changes in Hong Kong stocks | China Insurance (01339) is now down more than 4%, net profit in the first quarter fell 23.5% to RMB 8.963 billion
China People's Insurance (01339) is now down more than 4%. As of press release, it is down 3.72% to HK$259, with a turnover of HK$130 million.
People's Insurance Co. (Group) of China: Lack of Global Economic Recovery Momentum Posed Challenges to Investment Management >1339.HK
People's Insurance Co. (Group) of China: Lack of Global Economic Recovery Momentum Posed Challenges to Investment Management >1339.HK
People's Insurance Co. (Group) of China 1Q Operating Income CNY138.78B Vs. CNY137.77B >1339.HK
People's Insurance Co. (Group) of China 1Q Operating Income CNY138.78B Vs. CNY137.77B >1339.HK
China Insurance (601319.SH): Net profit of 8.963 billion yuan for the first quarter
Gelonghui, April 29丨China Insurance (601319.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 138.778 billion yuan, an increase of 0.7% over the previous year; net profit attributable to shareholders of listed companies of 8.963 billion yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 8.928 billion yuan; and basic earnings per share of 0.20 yuan.
China People's Insurance Group (01339.HK): Net profit of 8.963 billion yuan in the first quarter decreased by 23.5% year-on-year
Gelonghui, April 29 | China People's Insurance Group (01339.HK) released its report for the first quarter of 2024, achieving total operating income of 138.778 billion yuan, up 0.7% year on year; net profit attributable to shareholders of the parent company of 8.963 billion yuan, a year-on-year decrease of 23.5%; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss of 8.928 billion yuan, a year-on-year decrease of 23.5%; and basic earnings per share of 0.20 yuan.
中國人民保險集團:2024年第一季度報告
Insurance stocks generally rose, and Ping An (601318.SH/2318.HK) H shares surged 5%! Sorting out the logic that institutions are optimistic about
Recently, with the introduction of the new “National Nine Rules” and the Securities Regulatory Commission's delisting opinions, the overall performance of the capital market has been enthusiastic, and there is no shortage of positive expectations for future bull markets.
中國人民保險集團:二零二三年年度報告
China People's Insurance Group (01339.HK) held a board meeting on April 29 to review and approve the first quarter results
Gelonghui, April 17, 丨 China People's Insurance Group (01339.HK) announced that it will hold a board meeting on April 29, 2024 (Monday) to review and approve the unaudited results and publication of the company and its subsidiaries for the first quarter ended March 31, 2024, and to deal with any other matters.
中國人民保險集團:董事會會議通知
Hong Kong Stock Announcement Nuggets | The total original premium income of the three major subsidiaries of the China People's Insurance Group increased 1.32% year-on-year to 253,031 billion yuan in the first three months
China Financial Insurance (02328)'s total insurance premium income of 173,977 billion yuan in the first three months increased 3.8% year on year; Huaneng International Power Co., Ltd. (00902) completed feed-in power generation of 113,036 billion kilowatt-hours in the first quarter, up 5.63% year on year
PICC Group Logs 253 Billion Yuan in Q1 Premium Income
PICC Group (HKG:1339, SHA:601319) recorded an original premium income of 53 billion yuan from its three operating subsidiaries in the first quarter of 2024, according to a Monday filing with the Hong
China People's Insurance (601319.SH): Total premium revenue for the first quarter was 253,031 billion yuan
On April 15, China Insurance (601319.SH) announced that from January 1, 2024 to March 31, 2024, the original premium income obtained through the Company's subsidiaries China People's Property Insurance Co., Ltd., China Life Insurance Co., Ltd. and China People's Health Insurance Co., Ltd. was RMB 173,977 billion, RMB 54.518 billion and RMB 24.536 billion, respectively.
The total original premium income of the three major subsidiaries of China People's Insurance Group (01339) was 253,031 billion yuan in the first three months, up 1.32% year-on-year
China People's Insurance Group (01339) issued an announcement from January 1, 2024 to March 31, 2024...
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