02628 CHINA LIFE
- 11.640
- -0.120-1.02%
CHINA LIFE News
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.
Hong Kong domestic insurance stocks fluctuated higher, and China Taibao and China Life Insurance rose more than 5%
Hong Kong domestic insurance stocks fluctuated higher. China Taibao and China Life Insurance rose more than 5%, and China Financial Insurance, China Ping An, and Xinhua Insurance all rose.
Analysts Offer Insights on Financial Companies: UBS Group AG (UBS) and China Life Insurance Co (OtherCILJF)
Nomura Adjusts China Life Insurance's Price Target to HK$14.98 From HK$14.76, Keeps at Buy
05:48 AM EDT, 05/08/2024 (MT Newswires) -- Nomura Adjusts China Life Insurance's Price Target to HK$14.98 From HK$14.76, Keeps at Buy Price (HKD): $10.92, Change: $-0.28, Percent Change: -2.50%
Nomura Adjusts New China Life's Price Target to 30.01 Yuan From 33.07 Yuan, Keeps at Neutral
05:21 AM EDT, 05/08/2024 (MT Newswires) -- Nomura Adjusts New China Life's Price Target to 30.01 Yuan From 33.07 Yuan, Keeps at Neutral Price (RMB): ¥31.61, Change: ¥-0.82, Percent Change: -2.53%
Nomura Adjusts New China Life's Price Target to HK$20.29 From HK$23.70, Keeps at Buy
05:21 AM EDT, 05/08/2024 (MT Newswires) -- Nomura Adjusts New China Life's Price Target to HK$20.29 From HK$23.70, Keeps at Buy Price (HKD): $15.52, Change: $-0.58, Percent Change: -3.60%
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%.
Nomura: The target price for China Life Insurance (02628)'s “buy” rating was raised to HK$14.98
The Zhitong Finance App learned that after adopting the new accounting standards, Nomura released a research report saying that after adopting the new accounting standards, the net profit forecast for this year and next two years was raised by 8% and 1%, the net asset forecast was raised by 1%, and the dividend payout forecast per share was also raised accordingly. It was pointed out that after implementing the new accounting standards for insurance contracts and financial instruments in the first quarter of this year, the target price was raised from HK$14.76 to HK$14.98, with a rating of “buy”.
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