02628 CHINA LIFE
- 12.380
- +0.740+6.36%
CHINA LIFE News
A quick look at the Hong Kong market | The three major indices rose sharply, and Tencent's results rose nearly 4%; domestic housing, property management, and building materials stocks were strong throughout the day! COSCO Group rose more than 46%, and Chi
The trend of technology network stocks was divided. Tencent rose nearly 4%, Ali fell more than 3%; gaming stocks rose sharply, Galaxy Entertainment rose more than 6%, and Sands China Co., Ltd. rose nearly 2%.
Changes in Hong Kong stocks 丨 Domestic insurance stocks strengthened collectively, and Ping An of China rose more than 7% to a seven-month high
Glonghui, May 16 | Insurance stocks in the Hong Kong stock market have strengthened collectively. Among them, China Ping An rose more than 6%, leading the sector, and its stock price hit a new high since October 18, 2023. The stock increased by more than 20% during the year; China Taibao and China Life Insurance rose more than 6%, and China Taiping rose nearly 5%. Ping An of China announced last night that the total premium income from the original insurance contracts of the four subsidiaries from January to April 2024 was 33.377 billion yuan, an increase of 2.4% over the previous year. Furthermore, J.P. Morgan Chase recently released a report indicating that since the new business value recovery in the first quarter of 2024 was faster than expected, this year's new business value (NBV) will be stronger.
Hong Kong Stock Afternoon Review | The three major indices strengthened, rising more than 4% after Tencent's results; domestic housing stocks and domestic bank stocks improved, COSCO Group rose nearly 49%, and CCB rose more than 5%
Technet stocks had mixed ups and downs. Tencent rose more than 4%, Ali fell more than 2%; insurance stocks strengthened, China Taiping rose more than 6%, and Ping An of China rose nearly 6%.
Intraday Overview | The Hong Kong stock index fluctuated higher, domestic housing stocks rose strongly, and COSCO Group rose more than 46%
Property management stocks followed the strengthening of domestic housing stocks. Greentown Services rose more than 16%, Shimao Services rose more than 15%; after Tencent's performance, it rose more than 4%, and Alibaba fell nearly 3%.
Changes in Hong Kong stocks | China's Taiping (00966) rose nearly 6%, leading domestic insurance stocks, life insurance business rebounded in April, and “one-on-three” restrictions on banking insurance channels were lifted
Domestic insurance stocks continued their recent gains. As of press release, China's Taiping (00966) rose 5.13% to HK$8.82; China Life (02628) rose 3.78% to HK$12.08; China Taibao (02601) rose 3.74% to HK$20.2; and Ping An of China (02318) rose 3.49% to HK$41.55.
Hong Kong domestic insurance stocks continued to strengthen. China Taiping rose more than 5%, China Taibao rose more than 2%, and China Life Insurance and Xinhua Insurance followed suit.
Hong Kong domestic insurance stocks continued to strengthen. China Taiping rose more than 5%, China Taibao rose more than 2%, and China Life Insurance and Xinhua Insurance followed suit.
Is life insurance finally “rejuvenating”? The life insurance business of many listed insurance companies showed a marked recovery in April. Taibao Life's new premiums increased by more than 12% year on year
Recently, several A-share listed insurance companies, including Ping An of China, China Taibao, and China Life Insurance, disclosed their premium income for the first 4 months of this year. A Financial Services Association reporter compared previous data and found that the life insurance business of many insurance companies showed clear signs of stabilization compared to the beginning of the year.
Express News | CICC: In the medium to long term, the opportunities outweigh the risks in the medium to long term, and may still be dominated by structural opportunities in the short term
Express News | CITIC Securities: There is a high probability that the beta market for life insurance stocks will continue to be interpreted
Featured announcements | Tencent Music's adjusted net profit increased by 23.9%; King's Rui: Legendary Biotech's net loss narrowed
China Life Insurance: The cumulative original premium income for the first 4 months was about 371.2 billion yuan, an increase of 3.9% over the previous year; China Resources Land: The cumulative contract sales amount for the first 4 months was approximately RMB 72.0 billion.
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
China Life Insurance's Premium Income Up 4% in January-April
China Life Insurance (HKG:2628, SHA:601628) recorded an accumulated premium income of 371.2 billion yuan for the four months ended April 30, up 3.9% year over year, a Monday filing by the insurer on t
Express News | China Life Insurance: Accumulated original insurance premium income of 371.2 billion yuan.
Changes in Hong Kong stocks | China's Taiping (00966) rose more than 7%, leading the rise in domestic insurance stocks, life insurance interest spreads are expected to ease, institutions say there is more room for repair in Hong Kong stock non-bank valuat
Domestic insurance stocks rose in the afternoon. As of press release, China's Taiping (00966) rose 7.44% to HK$8.66; Xinhua Insurance (01336) rose 4.42% to HK$17.5; China Taibao (02601) rose 4.27% to HK$20.5; and China Life Insurance (02628) rose 2.94% to HK$11.9.
Overview of the Hong Kong market | The three major indices rose sharply in the afternoon, and high-interest concept stocks such as domestic banks, domestic insurance, and coal were strong throughout the day! CCB rose nearly 7%, and China's Shenhua rose mo
The trend of TechNet shares was divided. Bilibili fell more than 2% and Ali rose more than 1%; domestic housing stocks continued to rise, with Shimao Group rising 60% and Xuhui Holdings rising more than 11%.
The increase in Hong Kong's “high dividend” concept stocks further expanded, and Ping An of China rose more than 6%
Glonghui, May 10 | The news that the Hong Kong Stock Connect dividend tax will be reduced has stimulated the collective strengthening of “high dividend” concept stocks in the Hong Kong stock market, including insurance stocks that fall into the category of high dividends. Up to now, China Taibao has risen more than 8%, China Life Insurance and China Ping An have risen by more than 6%, and Xinhua Insurance, China Taiping, China Financial Insurance, and China Reinsurance have risen by more than 5%. According to the news, Bloomberg quoted people familiar with the matter as saying that China is considering reducing the 20% income tax that mainland individual investors need to pay when investing in Hong Kong stocks through the Hong Kong Stock Connect to receive dividends to avoid repeated taxation between the two places. CICC believes that if the Hong Kong Stock Connect dividend tax relief is implemented,
Hong Kong Stock Afternoon Review | The Hang Seng Index and China Index rose nearly 2%; domestic housing stocks and insurance stocks rose sharply, Shimao Group rose more than 58%, and China Taibao rose more than 8%
Technology Network stocks had mixed ups and downs. Kuaishou fell nearly 3%, and Ali rose more than 1%; bank stocks generally rose, and CCB and Agricultural Bank rose more than 6%.
Direct impact of changes | Domestic bank insurance stocks collectively rose in early trading, and banking insurance channels recreated major new regulations
On May 10, $Bank Stocks (BK1239) $$Domestic Insurance Stocks (BK1228) $ collectively increased during the morning intraday period. As of press release, $Postbank (01658.HK) $ rose 7.36% to HK$4.52; $Agricultural Bank (01288.HK) $ rose 6.18% to HK$3.78; $CCB (00939.HK) $ rose 6.25% to HK$5.61; $ICBC (01398.HK) $ rose 4.60% to HK$4.55; $China Taibao (02601.HK) $ rose 8.25%
Intraday Overview | Hong Kong stock trends diverge, high dividend concept carnival; domestic housing stocks skyrocketed, Shimao Group rose more than 50%
The Hong Kong Stock Exchange rose more than 6%. Reports say Hong Kong Stock Connect's dividend tax may be reduced, and the listing of Saudi companies in Hong Kong is just around the corner.
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.
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