Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED

(966)
  Report
Delayed Hong Kong Stock Exchange  -  04:08 2022-09-30 am EDT
6.610 HKD   +2.32%
09/27China Taiping's H1 Profit Falls
MT
09/26AM Best Affirms Credit Ratings of Taiping Reinsurance Company Limited and Its Subsidiary
AQ
09/16China Taiping Books $19 Billion Premium Income in January-August
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

HK stocks end lower as China sees soft growth in bank loans

11/12/2020 | 03:49am EDT

* HK->Shanghai Connect daily quota used -1.5%, Shanghai->HK daily quota used 2.3%

* HSI -0.2%, HSCE +0.4%, CSI300 +0.1%

* FTSE China A50 -0.4%

Nov 12 (Reuters) - Hong Kong stocks ended lower on Thursday, after data showed that new bank loans in China last month fell more than expected to their lowest in a year on tightened loan quotas.

** At the close of trade, the Hang Seng index was down 67.34 points or 0.26% at 26,122.52. The Hang Seng China Enterprises index rose 0.31% to 10,569.52.

** The sub-index of the Hang Seng tracking energy shares fell 1%, while the IT sector rose 4.53%, the financial sector ended 1.69% lower and the property sector closed 2.43% weaker.

** The top gainer in the Hang Seng was Geely Automobile Holdings Ltd, which gained 6.29%, while the biggest laggard was AIA Group Ltd after closing 3.79% lower.

** Lenders issued 689.8 billion yuan ($104.22 billion) in new yuan loans last month, data from the People's Bank of China (PBOC) showed, down from 1.9 trillion yuan in September and well short of analysts' expectations for 800 billion yuan.

** Hong Kong-listed tech giants rebounded from a sharp decline on Wednesday after China published draft rules aimed at preventing monopolistic behaviour by internet platforms, setting the city's benchmark technology index for its worst session in four months.

** China's latest policy has a relatively big impact on HK-listed new economy and tech stocks, Guodu Hong Kong noted in a report, adding that the market focus will return to old economy firms.

** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.23%, while Japan's Nikkei index closed up 0.68%.

** The yuan was quoted at 6.6291 per U.S. dollar at 0802 GMT, 0.01% firmer than the previous close of 6.63.

** At close, China's A-shares were trading at a premium of 38.70% over Hong Kong-listed H-shares. (Reporting by the Shanghai Newsroom, Editing by Sherry Jacob-Phillips)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AIA GROUP LIMITED 1.24% 65.45 Delayed Quote.-17.75%
ANTA SPORTS PRODUCTS LIMITED -4.26% 83.2 Delayed Quote.-25.66%
BANK OF CHINA LIMITED 1.18% 2.57 Delayed Quote.-9.61%
CANADIAN DOLLAR / CHINESE YUAN RENMINBI (CAD/CNY) -0.37% 5.1883 Delayed Quote.4.04%
CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED 2.32% 6.61 Delayed Quote.-39.63%
CHINA TELECOM CORPORATION LIMITED 1.10% 2.75 Delayed Quote.4.62%
EURO / CHINESE YUAN RENMINBI (EUR/CNY) -0.42% 6.9738 Delayed Quote.-4.72%
GEELY AUTOMOBILE HOLDINGS LIMITED -1.28% 10.82 Delayed Quote.-48.54%
HANG SENG CHINA ENTERPRISES 0.03% 5914.08 Delayed Quote.-28.22%
HONG KONG HANG SENG 0.33% 17222.83 Delayed Quote.-26.27%
MEITUAN INC. -2.70% 165.6 Delayed Quote.-24.49%
MSCI AC ASIA EX JAPAN (STRD) -0.36% 556.583 Real-time Quote.-27.49%
NIKKEI 225 -1.83% 25937.21 Real-time Quote.-9.09%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.09% 7.09666 Delayed Quote.12.64%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) -0.42% 7.0924 Delayed Quote.12.97%
All news about CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED
09/27China Taiping's H1 Profit Falls
MT
09/26AM Best Affirms Credit Ratings of Taiping Reinsurance Company Limited and Its Subsidiar..
AQ
09/16China Taiping Books $19 Billion Premium Income in January-August
MT
09/16Chinese Commercial Banks Book $25 Billion Forex Settlement Surplus in August
MT
09/14Chinese Financial Institutions’ Total Assets Jump 9.7% in Q2
MT
08/31UBS Adjusts China Taiping Insurance's Price Target to HK$8.50 From HK$8.40, Keeps at Ne..
MT
08/29China Taiping Insurance Holdings Company Limited Reports Earnings Results for the Half ..
CI
08/29China Taiping Insurance Holdings Company Limited Announces Board Changes
CI
08/05Ren Shengjun appointed as president of China EXIM bank
RE
07/19Nomura Adjusts China Taiping Insurance's Price Target to HK$11.84 From HK$15.38, Keeps ..
MT
More news
Analyst Recommendations on CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED
More recommendations
Financials
Sales 2022 312 B 39 748 M 39 748 M
Net income 2022 5 831 M 743 M 743 M
Net cash 2022 12 389 M 1 578 M 1 578 M
P/E ratio 2022 3,97x
Yield 2022 5,87%
Capitalization 23 217 M 2 958 M 2 958 M
EV / Sales 2022 0,03x
EV / Sales 2023 0,02x
Nbr of Employees 64 967
Free-Float 38,7%
Chart CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED
Duration : Period :
China Taiping Insurance Holdings Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA TAIPING INSURANCE HOLDINGS COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 6,46 HKD
Average target price 11,80 HKD
Spread / Average Target 82,7%
EPS Revisions
Managers and Directors
Zhao Jun Yin Vice Chairman & General Manager
Ruo Han Zhang Chief Financial Officer & Secretary
Si Dong Wang Chairman
Ting Yuk Wu Independent Non-Executive Director
Da Jian Zhu Independent Non-Executive Director