601628 China Life Insurance
- 30.66
- -0.15-0.49%
China Life Insurance News
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%.
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%.
CHINA LIFE(2628.HK):HIGHEST VNB GROWTH IN YEARS; NET PROFIT DECLINE NARROWED ON TRACK
China Life announced 1Q24 results with the VNB YoY reaching the highest growth t
China Life Insurance (601628): NBV growth rate in the first quarter was impressive, and subsequent asset-side performance is expected to pick up
Core view The company's NBV was +26.3% year-on-year in the first quarter, driven by rapid growth in medium- to long-term delivery business, cost reduction and efficiency. Looking ahead to 2024, on the debt side, the implementation of various reform measures in the company's individual insurance sector is expected to be further promoted
FMR LLC increased its holdings of China Life Insurance (02628.HK) by approximately 13.726 million shares at a price of approximately HK$9.87 per share
According to the latest data from the Hong Kong Stock Exchange, on April 24, FMR LLC increased its holdings of China Life Insurance (02628.HK) by 137.259.91 million shares, at a price of HK$9.8712 per share, for a total amount of about HK$135 million. After the increase in holdings, the latest number of shares held was approximately 524 million shares, and the latest shareholding ratio was 7.04%.
China Life Insurance (02628.HK) gains 13.726 million shares from FMR LLC
Gelonghui, April 30丨According to the latest equity disclosure data from the Stock Exchange, on April 24, 2024, China Life (02628.HK) obtained FMR LLC to increase its holdings by 13.7.26 million shares at an average price of HK$9.8712 per share on the market, involving approximately HK$135 million. After the increase in holdings, FMR LLC's latest shareholding was 523,801,919 shares, and the shareholding ratio increased from 6.85% to 7.04%.
China Life Insurance GAAP EPS of RMB 1.58, Revenue of RMB 26.5B
China Life Insurance (601628): Structural optimization, quality improvement, NBV performance continues to improve
Incident: The company disclosed its 2024 quarterly report. 2024Q1 achieved operating income of 121 billion yuan (YoY +14.4%), net profit to mother of 20.6 billion yuan (YoY -9.3%), and earnings per share of 0.73
New China Life Insurance 1Q Net CNY4.94B, Down 29% on Year >1336.HK
New China Life Insurance 1Q Net CNY4.94B, Down 29% on Year >1336.HK
China Life Insurance: Insurer's “Head Goose” ESG Leading the Way
In this past annual reporting season, many listed companies will publish an “Environmental, Social and Governance (ESG) and Social Responsibility Report” in addition to the previous year's annual report. ESG refers to environmental (environmental), social (social), and governance (governance). In 2004, the UN Global Compat (UN Global Compat) first officially proposed the ESG concept. This year marks the 20th anniversary of the introduction of the ESG concept. Over the past 20 years, ESG has become an important measure of a company's ability to operate sustainably. With ES
China Life Insurance (02628.HK) received 13.726 million H shares from FMR LLC, worth approximately HK$135 million
On April 29, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 29, FMR LLC increased its holdings of $China Life (02628.HK) $13.726 million H shares at an average price of HK$98712 per share on April 24, worth about HK$135 million. After the increase in holdings, the latest number of shares held by FMR LLC was 524 million shares, and the good position ratio increased from 6.85% to 7.04%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their shares in listed companies
China Life Insurance (02628) elected Cao Weiqing as the employee representative supervisor of the 8th Supervisory Board
China Life Insurance (02628) issued an announcement. The 12th Interim Meeting of the Company's 3rd Workers' Congress elected Cao Weiqing,...
Bank Rating | Damo: Maintaining China Life's H share “gain” rating and target price of HK$12.4
Glonghui, April 29 | Morgan Stanley released a report stating that the value of China Life Insurance's new business increased 26% year-on-year in the first quarter, slightly ahead of this forecast, benefiting from improved business portfolio. Net profit fell 25% year-on-year under comparable circumstances, yet the return on equity still reached 17%. The bank also said that in a low interest rate environment, management indicated that it should focus more on ultra-long-term bonds starting in 2018, accounting for more than 30% of its new investment assets. The asset and liability lifetime gap fell from 5.2 in 2021 to 4.7 in 2022, and fell to 4.4 years last year, better than other peers and allayed some investors' concerns. The line continues
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Changes in Hong Kong stocks | Insurance stocks continue to strengthen, insurer NBV's performance exceeded expectations in the first quarter, and sector valuation repair is expected to continue under asset-side catalysts
The Zhitong Finance App learned that insurance stocks continued to strengthen in early trading. As of press release, AIA (01299) rose 9.07% to HK$58.9; China Taibao (02601) rose 5.72% to HK$18.12; China Life (02628) rose 4.85% to HK$10.8; Xinhua Insurance (01336) rose 4.61% to HK$15.44; Ping An (02318) rose 4.33% to HK$37.35. According to the news, judging from the quarterly reports of listed insurers currently disclosed, the overall year-on-year growth rate of insurers NBV has exceeded expectations under comparable standards. Among them
Goldman Sachs: A target price of HK$14 for a “buy” rating for China Life (02628)
China Life Insurance management indicated that it is also currently actively controlling the term of debt, and it is expected that the gap between assets and liabilities will continue to narrow during their lifetime.
Bank Ratings | Goldman Sachs: China Life Insurance's first-quarter profit exceeded expectations, giving a “buy” rating
Glonghui, April 29 | Goldman Sachs published a research report stating that thanks to strong investment return performance, China Life Insurance's net profit for the first quarter of this year exceeded the full-year forecast, and the value of the new business also exceeded the forecast, increasing by 26% year-on-year, mainly due to the shift in sales portfolios during the period to futures premium products with higher profit margins; a reduction in channel commissions; and a reduction in interest accruals for dividend and universal products. Regarding investors' concerns about the risk of falling interest rates, Goldman Sachs pointed out that China Life Insurance management indicated that it is currently also actively controlling the debt period. It is expected that the balance gap will continue to narrow during the life of the asset liability period, giving a “buy” rating. The target price is HK$14.
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