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New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) has shared an update.
New China Life Insurance Co., Ltd. has announced a significant estimated profit increase for the first three quarters of 2025, with net profit expected to grow by 45% to 65% compared to the same period in 2024. This growth is attributed to the company’s strategic focus on enhancing its insurance business quality, optimizing asset allocation, and leveraging the strong performance of China’s capital market, leading to substantial investment returns.
The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.
More about New China Life Insurance Co., Ltd. Class H
New China Life Insurance Co., Ltd. is a state-owned financial enterprise in the insurance industry, focusing on providing a range of insurance services. The company emphasizes customer-centric strategies and is involved in technology finance, green finance, inclusive finance, pension finance, and digital finance. It aims to improve its market competitiveness through professional, market-oriented, and systematic reforms.
Average Trading Volume: 16,449,973
Technical Sentiment Signal: Buy
Current Market Cap: HK$192.3B
For an in-depth examination of 1336 stock, go to TipRanks’ Overview page.