601336 New China Life Insurance
- 34.50
- +1.20+3.60%
New China Life Insurance News
New China Life Insurance Logs 67 Billion Yuan in January-April Premium Income
New China Life Insurance (HKG:1336, SHA:601336) recorded a gross premium income of 67.2 billion yuan for the four months ended April 30, a Friday filing on the Hong Kong bourse said. Price (HKD): $18.
The cumulative original premium income of Xinhua Insurance (01336.HK) in the first 4 months was 67.224 billion yuan, a year-on-year decrease of 11.69%
Xinhua Insurance (01336.HK) announced that the cumulative original premium income of Xinhua Life Insurance Co., Ltd. for the period from January 1, 2024 to April 30, 2024 was RMB 67.224 billion, a year-on-year decrease of 11.69%. The company focused on value growth and structural optimization, and strived to promote high-quality development, especially in terms of individual insurance channel core business, excellent manpower and per capita production capacity.
Express News | Xinhua Insurance: The cumulative original premium income from January to April was RMB 672,366 million.
Direct impact of changes | China's Taibao rose more than 4% to lead domestic insurance stocks. Pressure on insurance assets is expected to ease, and restrictions on the number of banking insurance partnerships lifted
The Zhitong Finance App learned that domestic insurance stocks continued to rise. As of press release, China Taibao (02601) rose 3.86% to HK$21.5; Ping An (02318) rose 2.56% to HK$44.1; China Life (02628) rose 2.26% to HK$12.66; and Xinhua Insurance (01336) rose 1.37% to HK$17.8. According to the news, China Aviation Securities pointed out that since mid-April, the insurance sector has continued to fluctuate and rise, mainly benefiting from the expected improvement of pressure on the asset side. First, on April 22, the Ministry of Finance stated that “ultra-long-term special treasury bonds will be launched in a timely manner
Hong Kong Stock Afternoon Review | The three major indices rose, and TechNet stocks strengthened, Ali rose nearly 7%; some domestic housing stocks rose, and Sunac China rose more than 9%
Photovoltaic solar energy stocks weakened, Follett Glass fell nearly 9%, and Xinyi Solar fell more than 8%; insurance stocks generally rose; China Taibao rose more than 2%, and China Life Insurance rose nearly 2%.
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%.
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%.
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 | CITIC Securities: There is a high probability that the beta market for life insurance stocks will continue to be interpreted
Bank Ratings | J.P. Morgan Chase: Domestic Insurance Stocks Prefer China Ping An Upgrades China Taibao and Xinhua Insurance
According to the J.P. Morgan Chase report, because the recovery in new business value in the first quarter of 2024 was faster than expected, this year's new business value (NBV) will be stronger, and the new business value and reserves anticipated by the market will be revised. The bank readjusted the ranking of insurance stocks and proposed joining mainland life insurance companies.
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.
Xinhua Insurance (601336): NBV growth rate leads interbank investment fluctuations affecting net profit performance
Incident: The company released its 2024 quarterly report. Under the new standards, the company achieved net profit of 4.942 billion yuan, -28.6% over the same period last year. The company's NBV continued to grow at +51% year-on-year. Improved value ratio led to high NBV growth, each
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