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BOCOM INTL: Ping An Insurance (02318) new business value exceeds growth expectations, maintaining a 'Buy' rating.
The report indicates that in the first quarter of 2025, consolidated operating profit (OPAT) grew by 2.4% year-on-year, with the growth primarily coming from the contribution of the life and health insurance Sector.
Capital Trend Statistics of the Hong Kong Stock Connect (T+2) | April 29
Capital Trend of the Stock Connect | April 29
13 trillion giant ship rides the wind and waves! Ping An Insurance (601318.SH/2318.HK) valuation leap "triple play".
Recently, the quarterly reports of listed insurance companies have been released one after another. Many brokerages and institutions had previously expressed caution regarding the growth of individual insurance new business in the first quarter. However, against such market expectations, Ping An Insurance's first-quarter report is impressive, with a robust growth of 34.9% in new business value during the quarter, standing out in the industry. The earnings report also shows that in the first quarter of this year, Ping An achieved an operating profit of 37.907 billion yuan attributable to the parent company Shareholder, a year-on-year increase of 2.4%. Among them, the operating profit for life insurance and health insurance businesses attributable to the parent company Shareholder was 26.864 billion yuan, a year-on-year increase of 5.
Decoding Ping An Health (1833.HK) Q1: How is a 25.8% speed achieved when Medical gears engage with the Insurance drive shaft?
In the context of highly volatile external environments, the quarterly performance of Ping An Health, which demonstrates operational resilience, appears to be even more valuable.
Hong Kong Stock Morning Report | JD.com announced it will recruit 100,000 riders in the next three months, and Ant Fortune is offering to acquire Hong Kong's Yao Cai Securities.
① JD.com stated that it will recruit 100,000 riders over the next three months. ② Ant Wealth initiated a tender offer for Hong Kong’s Yaocai Securities. ③ The Chief Secretary for Administration of Hong Kong expressed that Global capital reallocation brings opportunities to the region. ④ Regulators stated that CKH HOLDINGS port Trade must not evade antitrust review.
April 27 Insurance Daily丨Universal insurance welcomes new regulations after 9 years, allowing adjustments to the minimum guaranteed interest rate for the first time, with insurance funds present in 227 listed companies.
Nine years after the last regulation was implemented, universal insurance is facing new regulatory measures. For the first time since the strict reforms in 2016, a new regulatory notice from the Financial Supervision Administration has been issued regarding the strengthening of regulations on universal life insurance. This notice permits adjustments to the minimum guaranteed interest rates of universal insurance products, enhances the supervision of fund concentration and non-standard investments, and aims to address issues such as irregular operations of universal insurance accounts and aggressive funding practices by certain companies through systematic governance, thereby further standardizing the market order of universal insurance and promoting its sustainable and healthy development. Industry experts indicate that this type of insurance is floating.
Saywallahcuzzy : not necessarily.
"the group's insurance business remained healthy.
Group operating profit, a gauge used to measure operations excluding investment volatilities, rose 2.4% in January to March.
The number of retail customers rose 1% year to date to 245 million at the end March, the filing showed.
The new business value of the life and health insurance business, which measures the profitability of new policies sold, grew 34.9% to 12.89 billion yuan"
102278658 OP : insti will take this oppo to sell down, and collect below for excellent divy yield
Phoon1981 : Not for the weak to hold.
102278658 OP : funny why ping an didn't drop
WinningTrader Saywallahcuzzy : No reason to sell.
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