Banking Sector PerformanceZA Bank turned a net profit of HK$49mn in 1H25, ahead of the market expectation for breakeven by year-end.
Earnings PerformanceZhongAn delivered strong 1H results, with net profit surging 11.04x YoY to RMB 668mn, translating to 66% of our previous full-year forecasts driven by significant profit uplifts in all three core business segments.
Insurance Sector GrowthThe health and auto ecosystems posted strong premium growth of over 30% year-on-year, with the trend likely to continue.