The first congratulatory report from a listed insurance company: Xinhua's net profit growth rate may exceed 175%, setting a record in sight.
As listed companies have been frequently announcing "good news," the first report card of A-share insurance companies has finally been released. On January 20, New China Life Insurance disclosed the company's results for 2024...
Under the new accounting standards, performance fluctuations have increased! New China Life Insurance turned a loss into profit year-on-year in the fourth quarter of last year, but performance dropped sharply compared to the previous quarter.
①The net income for 2024 is expected to increase from 23.958 billion yuan to 25.7 billion yuan, a year-on-year growth of 175% to 195%; ②In the first three quarters of 2024, New China Life Insurance's investment income and fair value change income totaled 47.119 billion yuan; ③With the recovery of the capital markets and the increase in the proportion of equity asset allocation, New China Life Insurance's investment returns have surged.
Is the industry leader also under pressure? Poly Developments and Holdings Group's performance declines in 2024, initiating structural adjustments.
Poly Developments and Holdings Group recently announced adjustments to its organizational structure, mainly involving the merger of regional companies and personnel changes; before and after this restructuring by Poly Developments and Holdings Group, it coincides with the announcement of a decline in revenue and net profit for 2024.
Breaking news! Vanke's president Zhu Jiusheng updates his social media! There were previous rumors that he was taken away by the police.
According to insiders within Vanke, on the morning of January 17, Vanke's Executive Director, President, and CEO Zhu Jiusheng updated his personal WeChat Moments.
The president has been taken away! Vanke is once again caught in the eye of the storm.
① Today, media reported that the Director, President, and CEO of CHINA VANKE, Zhu Jiusheng, has been taken away by public security authorities; ② In the market, today five domestic Bonds from CHINA VANKE were temporarily suspended due to a decline exceeding 20%; ③ Analysts believe that the fluctuation in CHINA VANKE's Bonds today may be related to the small peak of debt repayment that CHINA VANKE will face this year.
Youngor Group acquires the "Hermès of children's clothing."
Returning to the fashion main business.