OCBC – Nothing Great About Great Eastern
*Weak Great Eastern Returns: Great Eastern (GE.SP) reported 1Q20 earnings of SGD 33.9 mn, declining 88% linked quarter from the SGD 287 mn posted...
440 Views
PICC Group – Investment Returns Appear Non-Sensical
* Strong 1Q20 Numbers: PICC Group's 1Q20 earnings amounted to CNY 7.1 bn, increasing 5.8x linked quarter reflective primarily of both a CNY 36.9 bn...
231 Views
China Pacific Insurance – Liability Reserve Needs Upgrade
* Strong Result, But……: China Pacific Insurance (2601.Hk) (CPIC) reported 1Q20 earnings of CNY 8.4bn, increasing CNY 3.6 bn (73.8%) linked quarter...
257 Views
Ping An Insurance – Mighty Casey Is Striking Out
* Manufactured Result at Bank Buoys 1Q20: Ping An Insurance (2318.HK) [Ping An] reported 1Q20 net profit of CNY 26.1 bn, increasing CNY 6.2 bn or...
270 Views
ManuLife – Canada Crisis
Canada Was Already At End of Its Rope: Prior to COVID-19, the Canadian financial system was in a precarious position. Debt in Canada had reached...
277 Views