02601 CPIC
- 18.180
- +0.280+1.56%
CPIC News
China Taibao (601601) 2023 Annual Report Review: NBV maintains relatively rapid growth and leads the way in industrial insurance premium growth
Incident: China Taibao released its 2023 annual report. In 2023, China Taibao achieved total operating revenue of 323.945 billion yuan, of which insurance service revenue was 266.167 billion yuan, an increase of 6.6% over the previous year. Net profit is 2
China Taibao (601601) 2024 Quarterly Report Review: NBV High Production Insurance Cost Rate Improvement
Incident: China Taibao released its 2024 quarterly report. In the first quarter of 2024, China Taibao achieved insurance service revenue of 66.968 billion yuan, an increase of 2.4% over the previous year. Among them: Taibao Life Insurance achieved insurance service revenue of 20.859 billion yuan
CPIC To Go Ex-Dividend On June 12th, 2024 With 1.12477 HKD Dividend Per Share
May 8th - $CPIC(02601.HK)$ is trading ex-dividend on June 12th, 2024. Shareholders of record on June 13th, 2024 will receive 1.12477 HKD dividend per share on July 12th, 2024. The ex-dividend date
A quick look at the Hong Kong market | Most of Kewang stocks and domestic housing stocks declined. Xiaomi reversed the market and rose more than 6%, and Vanke fell nearly 7%
Most auto stocks declined; Xiaopeng fell more than 6%, ideally nearly 5%; coal stocks improved, China Coal Energy rose nearly 5%, and Yankuang Energy rose more than 4%; large financial stocks weakened, and CICC Securities, and Ping An of China fell about 4%.
Bank Rating | CMB International: Lowering China's Taibao Target Price to HK$24.8 to Maintain “Buy” Rating
Glonghui, May 8 | CMB International released a report saying that China Taibao's new business value resumed positive growth in the first quarter, rising 30.7% year-on-year, exceeding peers China Life Insurance's 26.3% and China Ping An's 20.7%. The strong performance was mainly driven by increased profit margins and a slight increase of 0.4% year-on-year in premium income. Changhang's actions around the transformation of insurance channels have also paid off. It is believed that the focus of China's life insurance business will return to agency channels in the future. According to the report, the current price of Taibao is equivalent to 0.3 times the predicted ratio of this year's stock price to content value (P/EV), and the market account ratio is 0.6
China Taibao (02601.HK) received 6.5722 million shares from J.P. Morgan Chase
Gelonghui, May 7 | According to the latest equity disclosure data from the Stock Exchange, on April 29, 2024, China Taibao (02601.HK) obtained JPMorgan Chase & Co. to increase its holding of 6.5722 million shares at an average price of HK$17.9527 per share, involving an investment of approximately HK$118 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of positions was 198,836,995 shares, and the holding ratio increased from 6.92% to 7.16%.
China Taibao (02601.HK): The General Administration of Financial Supervision has approved the revised articles of association
Gelonghui, May 6, 丨 China Taibao (02601.HK) announced that the company recently received the “Reply on China Pacific Insurance (Group) Co., Ltd. Amendments to the Articles of Association” (Gold Reply [2024] No. 312) from the General Financial Supervisory Authority, and the Financial Supervisory Authority has approved the revised articles of association.
China Taibao (02601) will pay a final dividend of 1.02 yuan per share on July 12
China Taibao (02601) announced that it will be distributed on July 12, 2024 until December 3, 2023...
CPIC: NOTICE OF THE ANNUAL GENERAL MEETING
China Taibao (02601.HK) received 6.5722 million H shares from J.P. Morgan Chase, worth approximately HK$118 million
On May 6, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 6, JPMorgan Chase & Co. (JPMorgan Chase & Co.) increased its holdings of $China Taibao (02601.HK) $6.572,200 H shares with an average price of HK$17.9527 per share and an average OTC share price of HK$17.785 on April 29, worth about HK$118 million. After the increase in holdings, J.P. Morgan Chase's latest shareholding was 199 million shares, and the good position ratio increased from 6.92% to 7.16%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? Press Hong Kong Federation
CPIC(2601.HK):VNB GROWTH ACCELERATED; NP TURNED POSITIVE YOY
CPIC turned to positive VNB growth by +30.7% YoY in 1Q24, outpacing peers i.e. C
Hong Kong stocks are rising fiercely! Low-priced stocks followed the trend. What are the reasons behind this sharp rise?
In the last 9 trading days, Hong Kong stocks have risen fiercely, and some low-priced stocks are also booming!
Express News | Hong Kong domestic insurance stocks continued to rise. China Ping An rose more than 5%, China Taibao, China Life Insurance, and Zhongan Online rose more than 4%, and AIA Insurance rose more than 3%.
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.
Hong Kong insurance stocks strengthened collectively. Zhongan Online rose nearly 5%, China Taibao and China Taiping rose more than 3%, and AIA, China Ping An, and China Life Insurance rose more than 2%.
Hong Kong insurance stocks strengthened collectively. Zhongan Online rose nearly 5%, China Taibao and China Taiping rose more than 3%, and AIA, China Ping An, and China Life Insurance rose more than 2%.
China's Taibao quickly responds to the Guangdong Meida Expressway landslide disaster
At about 2:10 a.m. on May 1, a highway landslide occurred near K11+900 meters from Dapu to Fujian on the Guangdong Meida Expressway. As of 5:30 a.m. on May 2, 23 vehicles had been found to have fallen, killing 36 people and injuring 30 others (no lives in danger). After the accident occurred, China Taibao attached great importance to it, adhering to the principle of “people first, life first”, linking overall points, production and life collaboration, and immediately initiated an emergency response mechanism, actively investigated the emergency situation, opened a green channel for claims processing, and launched a 7*24 hour consultation service, simplified claim data, and abolished designated hospitals and expenses
Changes in Hong Kong stocks | Ping An of China (02318) rose nearly 5%, leading domestic insurance stocks, debt-side core indicators showed impressive performance, and asset-side recovery is expected to boost valuations
Domestic insurance stocks continued their recent gains. As of press release, Ping An of China (02318) rose 4.73% to HK$37.65; Xinhua Insurance (01336) rose 4.5% to HK$15.8; Zhongan Online (06060) rose 4.22% to HK$13.82; and China Taibao (02601) rose 3.94% to HK$17.96.
Most insurance stocks in Hong Kong rose. Ping An of China rose more than 5%, Xinhua Insurance rose more than 4%, and China Life Insurance, China Taibao, and AIA rose more than 3%.
Most insurance stocks in Hong Kong rose. Ping An of China rose more than 5%, Xinhua Insurance rose more than 4%, and China Life Insurance, China Taibao, and AIA rose more than 3%.
On the 33rd anniversary of China Taibao, Si celebrated the thanksgiving and solemnly launched the “Love and Companionship” customer feedback campaign
Along with the continuous rise in economic and income levels, in order to continuously meet the needs of the masses for a better life, the country clarified the National Health Plan and the National Plan for the Development of Aging Services and the Elderly Service System in the “14th Five-Year Plan”, which clearly requires a gradual increase in the level of national health security and old-age care security. The development of the insurance industry is shifting from simple sales of insurance products to experiential marketing in scenarios required by customers, and is being upgraded from “product-driven” to “service-driven”. “Big Health” is one of the best fulcrums. China Taibao responded positively to national policies and formulated a “big health” strategy as early as 2020
China Taibao (601601): New business value has achieved relatively rapid growth, profit performance is steady, and the asset side is expected to pick up
Core view The company's premiums for the first quarter were basically flat year over year. NBV was +30.7% year over year, and the value ratio is expected to improve significantly. The company's net return on investment stabilized year-on-year in the first quarter. As the macroeconomic economy continues to recover, long-term interest rates are expected to rise
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