Daily Brief Financials: Agile Property Holdings, CIFI Holdings, Blackrock Inc, Progressive Corp and more

The Chinese Property Weekly focuses on providing updates in the Chinese real-estate sector, including recent regulatory and company developments, top and bottom performers, rating actions, as well as a list of bond maturities in the next 30 days.

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

1. Lippo Karawaci
2. China SCE
3. China Jinmao Holdings
4. Guangzhou R&F Properties
5. Sunac China Holdings

and more…

• BlackRock’s Q4 earnings report suggests an inflection point might be near.
• The company managed to mitigate systemic risks during its latest quarter, preserving its base rate rate-centric business model.
• In addition, aggressive investment in technology prompted a rise in product launch costs, according to the report.

• This is our first report on auto insurance major, Progressive Corp.
• The company had a disappointing quarter and failed to meet Wall Street expectations in terms of revenues as well as earnings.
• This quarter, the company increased personal auto rates in 20 states at an average of around 5% each day for an overall countrywide premium impact of +2%.