Earnings Alerts

China Life Insurance Co H (2628) Earnings Surge: YTD Premium Income Hits 564.9 Billion Yuan

By September 9, 2024 No Comments
  • Year-to-Date Premium Income: China Life’s premium income stands at 564.9 billion yuan.
  • Growth Rate: Premium income from January to August has risen by 5.9% compared to the same period last year.
  • Analyst Opinions: The company’s stock has received 22 buy ratings, 3 hold ratings, and 0 sell ratings from analysts.

China Life Insurance Co H on Smartkarma

Independent analyst Travis Lundy recently published a bullish report on China Life Insurance Co H on Smartkarma. In his report titled “A/H Premium Tracker (To 26 Apr 2024): Best Week in a LONG Time for Hs Vs As – Time To Get Long H/A,” Lundy highlights that AH Premia have turned a corner, with lower premia and wider spreads narrowing more sharply. He recommends getting long H vs A based on the improved premium positioning and significant inflows observed in the market. The report provides detailed tables, charts, and measures to track A/H premium positioning and market volatility.

Additionally, Lundy notes the consecutive buying streak in southbound positioning, ending on Monday, then starting again, and significant inflows in northbound positioning. The market reaction was strong, with Hong Kong stocks bouncing back significantly, particularly with Hs outperforming their A counterparts by over 4% on average in H/A pairs. This insightful analysis on Smartkarma provides valuable insights for investors looking to understand and capitalize on the recent developments in China Life Insurance Co H.


A look at China Life Insurance Co H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Life Insurance Co H, according to Smartkarma Smart Scores, seems to have a promising long-term outlook. With top scores in Value and Dividend, the company appears to be strong in terms of its financial health and ability to provide returns to investors. Additionally, its high Momentum score suggests positive market sentiment and potential for growth.

While the Growth score is slightly lower, China Life Insurance Co H still shows good potential for expansion and development. The Resilience score, although not as high as other factors, indicates a moderate ability to withstand market fluctuations. Overall, considering its solid scores across various factors, China Life Insurance Co H seems positioned well for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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