Daily Hong Kong Stock Market News Briefing (November 15, Friday)

USHK News
2024.11.15 01:02

Individual Stock News

  1. Ping An (02318.HK): Ping An Life Insurance Company of China, Ltd. achieved premium income of RMB 447.435 billion, a year-on-year increase of 9.4%. Ping An Property & Casualty Insurance Company of China, Ltd. reported premium income of RMB 265.698 billion, a year-on-year increase of 6.5%.

  2. Link REIT (00823.HK): Appointed Sin Ming Yeung as an independent non-executive director and a member of the Finance and Investment Committee and the Sustainability Committee; appointed Wong Kwok Suet Mei as an independent non-executive director and a member of the Audit and Risk Management Committee, both appointments effective November 14, 2024.

  3. PICC P&C (02328.HK): The company’s original insurance premium income from January 1, 2024, to October 31, 2024, totaled RMB 460.927 billion, a year-on-year increase of 4.8%.

  4. PICC Group (01339.HK): From January to October 2024, the three subsidiaries of PICC achieved a total original insurance premium income of RMB 606.51 billion, a year-on-year increase of 5.31%.

  5. Bilibili (09626.HK): In Q3 2024, achieved revenue of RMB 7.31 billion, a year-on-year increase of 26%; adjusted net profit of RMB 236 million, compared to a net loss of RMB 863 million in the same period last year.

  6. NetEase (09999.HK): In Q3 2024, revenue was RMB 26.2 billion, a year-on-year decrease of 3.9%; net profit attributable to shareholders was RMB 6.5 billion, down 16.7% from RMB 7.8 billion in the same period last year; net profit under non-GAAP was RMB 7.5 billion, compared to RMB 8.6 billion in the same period last year.

  7. CPIC (02601.HK): From January 1, 2024, to October 31, 2024, the company’s subsidiary CPIC Life achieved a cumulative original insurance premium income of RMB 219.598 billion, a year-on-year increase of 2.4%; the subsidiary CPIC Property achieved a cumulative original insurance premium income of RMB 172.850 billion, a year-on-year increase of 7.4%