Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from ZhongAn Online P & C Insurance Co., Ltd ( (HK:6060) ).
ZhongAn Online P & C Insurance Co., Ltd has entered into a Financial Services Framework Agreement with Ping An Bank, effective from June 18, 2025, to June 18, 2028. This agreement involves Ping An Bank providing deposit and settlement services to ZhongAn. As Ping An Insurance holds a significant stake in Ping An Bank, the agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, subject to reporting and annual review requirements but exempt from shareholder approval.
The most recent analyst rating on (HK:6060) stock is a Buy with a HK$12.40 price target. To see the full list of analyst forecasts on ZhongAn Online P & C Insurance Co., Ltd stock, see the HK:6060 Stock Forecast page.
More about ZhongAn Online P & C Insurance Co., Ltd
ZhongAn Online P & C Insurance Co., Ltd is a joint stock limited company incorporated in the People’s Republic of China, operating in the fintech and insurance industry. The company provides online property and casualty insurance services and operates in Hong Kong under the name ‘ZA Online Fintech P & C’.
Average Trading Volume: 33,377,811
Technical Sentiment Signal: Buy
Current Market Cap: HK$30.28B
Learn more about 6060 stock on TipRanks’ Stock Analysis page.