No Data
SFC: Licensed Hong Kong firms may continue to serve existing mainland China clients, but must not provide services within mainland China.
Licensed firms in Hong Kong may continue to open new accounts for investors from mainland China (i.e., investors using a Chinese Resident Identity Card and/or a Chinese passport as proof of identity), provided that all account opening requirements are met.
Huaxi Securities: Maintains 'Buy' rating on ZhongAn Online, citing further improvement in overall profitability
Huaxi Securities published a research report stating that ZhongAn Online (06060.HK) holds a competitive advantage in China's internet property and casualty insurance segment, with sustained profitability improvements in its technology and banking segments. The firm also expressed optimism regarding further enhancement of the company's overall profitability going forward. Based on the company's disclosed 2025 annual report data, it has revised its prior earnings forecasts, projecting insurance service revenue of RMB 35.743 billion, RMB 37.631 billion, and RMB 39.702 billion for 2026–2028, respectively; attributable net profit of RMB 1.190 billion, RMB 1.304 billion, and RMB 1.400 billion for 2026–2028, respectively; and EPS for 2026–2028 of
Rare! Tencent surges over 10% in a single day—has the worst passed for Hong Kong tech stocks?
Hong Kong-listed tech stocks surged.
Technology Empowerment, Inclusive Products, Global Vision: ZhongAn Insurance (06060) Steps Up Innovation in Group Health Insurance
In an interview with reporters, the head of group insurance at ZhongAn Insurance (06060.HK) pointed out that limited corporate premium spending, insufficient product innovation capabilities, and lagging service capabilities are currently the three major pain points.
Huayuan Securities initiates coverage of ZhongAn Online with a "Buy" rating, citing AI-driven enhancements in core insurance operations that improve quality and efficiency.
Huayuan Securities recently published a research report initiating coverage of ZhongAn Online (6060.HK) with a "Buy" rating. As China's first internet-based insurer, ZhongAn Online has achieved total premiums of RMB 35.7 billion in 2025 through its dual-engine strategy of "insurance + technology," ranking eighth in China's property and casualty insurance industry. The company possesses deep technological DNA and adheres to a long-term approach, aiming to achieve compound growth. Its adjusted net profit attributable to shareholders in 2025 increased by 227% compared to 2020, and its combined ratio improved by 6.7 percentage points over five years to 95.8%, marking five consecutive years of underwriting profitability. In terms of its core insurance business, ZhongAn Online has established
Cross-border securities enter an era of comprehensive compliance: how can existing capital be safely withdrawn while avoiding fatal pitfalls?
This regulatory campaign, led by eight government departments, covers all sectors, the entire business chain, and all market participants. Unlicensed overseas entities conducting unauthorized operations within China will be completely shut down, leaving no room for侥幸 (wishful thinking or attempts to circumvent rules). During the two-year transition period, existing investors will only be allowed to sell or transfer out their holdings—not buy or transfer in new assets. For investors, the riskiest choice is not an orderly exit, but rather panic-driven transfers of assets to unlicensed overseas institutions that have not yet been explicitly targeted—thereby voluntarily forfeiting legal protections and stepping into a regulatory void. By addressing root causes, closing backdoors, and opening legitimate channels, cross-border investment in China is entering an era of comprehensive standardization.