No Data
picc p&c (02328.HK): High-quality development promotes the transformation and upgrading of electric vehicle insurance.
Investment Highlights On November 8, 2024, the company held its 2024 Investor Open Day in Peking, introducing the market to the company's innovative initiatives in electric vehicle insurance management under the theme of 'Exploration and Practice of High-Quality Development of Electric Vehicle Insurance.'
Unafraid of the disturbance of the US election! Hong Kong stocks have started a strong rebound mode, with consumer and financial stocks taking the lead. Which other sectors are expected to rise?
UBS Group stated that the valuation of Chinese stocks is already at a relatively low level. In the case of Trump's victory, the Chinese government may actively increase policy stimulus.
Sudden Movement Spotlight | Net profits of listed insurance companies in the first three quarters have increased significantly! Mainland insurance companies have collectively risen, with ping an insurance and china life insurance both up more than 5%, and
Mainland insurance companies collectively rose. As of the time of publication, ping an insurance rose by 5.65%, closing at 51.4 Hong Kong dollars; china life insurance rose by 5.49%, closing at 17.3 Hong Kong dollars; new china life insurance rose by 4.98%, closing at 28.45 Hong Kong dollars.
Express News | The 12th meeting of the 14th National People's Congress Standing Committee: Deepening revitalization and utilization to improve the efficiency of state-owned asset management.
[Brokerage Focus] Haitong Securities maintains a "outperform the market" rating on PICC P&C (02328), bullish on the company's competitive advantage in the property & casualty insurance business.
Jingwu Financial News | Haitong Securities released research reports stating that PICC P&C (02328) announced its performance for the third quarter of 2024: 1) Achieved net income of 26.8 billion yuan in the first three quarters, +38.0% year-on-year; Q3 single-quarter net income of 9.3 billion yuan, a 59.7-fold year-on-year increase, mainly driven by substantial growth in investment income. 2) Net assets at the end of Q3 were 253.1 billion yuan, up 9.9% from the beginning of the year. The bank pointed out that total premiums are steadily growing, with non-auto insurance growth still outpacing auto insurance. Due to factors such as major disasters, non-auto insurance underwriting losses were significant in the third quarter. Due to the recovery of the capital markets and the company's opportunistic increase in allocation of secondary equities, investment income significantly improved.
Express News | China Galaxy Securities: The non-silver financial industry still has a significant room for future performance and valuation.
No Data
No Data