Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

China Taiping Insurance Holdings Co Ltd (0966)

Hong Kong
Currency in HKD
Disclaimer
7.62
+0.22(+2.97%)
Closed

0966 Comments

Company issues Profit Warning: CHINA TAIPING Expects Profit To Decline About 64% YoY in 2022
Due to continued volatility in the domestic and overseas capital market during 2022, which resulted in a YoY decrease in realized investment income compared to that reported in the previous year.
CHINA TAIPING Interim NP $2.709B, Down 47%
Daiwa Drops CHINA TAIPING TP to $22; Rated ***Buy***
Interesting stock, especially if inflation rises. Futhermore, there is much potential to optimize the profit margin and the Covid-discount (because they offer life insurance) might disappear later this year. The impairment test should also have an positive influence due to the gains in the stock market that should have had a positive effect on the company's investment portfolio. I do not think this stock will ever trade to a premium price, but 15 hkd seems like a very fair price for the long term investor.
Nomura Adds CHINA TAIPING  TP to $20.53; Rated ***Buy***
UBS Adds CHINA TAIPING  TP to $19.5; Rated ***Buy***
CHINA TAIPING Jan Premium Income +4.9% YoY
.
Junk!!! Looks like big players are creating fake spitke to exot their position
over sold
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.