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An announcement from Yunfeng Financial Group Limited ( (HK:0376) ) is now available.
Yunfeng Financial Group Limited announced that its non-wholly-owned subsidiary, YF Life Insurance International Limited, has received a first-time insurance financial strength rating of A3 with a stable outlook from Moody’s Ratings. The newly assigned rating underscores the financial strength and creditworthiness of YF Life, which could enhance market confidence in the insurer and support Yunfeng Financial Group’s positioning in the regional life insurance and financial services sector, though the company cautioned that the rating is provided for information only and should not be taken as investment advice.
The most recent analyst rating on (HK:0376) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Yunfeng Financial Group Limited stock, see the HK:0376 Stock Forecast page.
More about Yunfeng Financial Group Limited
Yunfeng Financial Group Limited is a Hong Kong-incorporated financial services group listed on the Stock Exchange of Hong Kong. Through its subsidiaries, including YF Life Insurance International Limited, the group operates in the insurance and broader financial services industry, focusing on life insurance and related financial products for customers in its regional markets.
Average Trading Volume: 11,015,380
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.84B
For a thorough assessment of 0376 stock, go to TipRanks’ Stock Analysis page.