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Home > Latest

Lates News

date
05/08/2025
Berkshire Hathaway sold $1.065 billion worth of SiriusXM stock.
Latest
4 m ago
Singapore will release the second quarter GDP data on August 12th.
5 m ago
UBS: Raises target price of Chinese property insurance to 18.7 Hong Kong dollars, maintains "buy" rating.
5 m ago
UBS released a research report stating that it is expected that the total premium, automobile premium, and non-automobile premium of Chinese property insurance in the first half of the year will increase by 3.6%, 3.4%, and 3.8% respectively compared to the previous year, and it is expected that insurance income in the first half of the year will grow by more than 5%. In terms of underwriting profitability, the bank estimates that the company's comprehensive cost ratio in the first half of the year will increase by 0.9 percentage points to 95.3%. The automobile comprehensive cost ratio continues to benefit from commission structure adjustments. In terms of non-automobile business, the bank believes that the improvement in the business mix has significantly improved health and agriculture insurance business. Therefore, the estimated total underwriting profit in the first half of the year is expected to increase by 29% year-on-year. The bank has raised its post-tax net profit forecast for Chinese property insurance from 2025 to 2027 by 11%, 5%, and 4% to reflect lower-than-expected natural disaster losses and improved stock market performance since the beginning of the year, and has readjusted its growth forecast. The bank has raised the target price for the stock from HK$16.3 to HK$18.7 and maintains a "buy" rating.
5 m ago
CICC: Downgrade XinYi Energy to "Neutral" with a target price raised to 1.28 Hong Kong dollars.
5 m ago
Former Deputy Director of Shaanxi Provincial Radio and Television Bureau, Liu Shengsheng, is under disciplinary review and investigation.
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