- China Life Insurance has reported a year-to-date premium income of 608.3 billion yuan.
- There has been a 5.1% increase in premium income from January to September compared to the same period last year.
- Analyst recommendations for China Life are strong, with 22 evaluations suggesting a ‘buy,’ 3 suggesting a ‘hold,’ and none recommending a ‘sell.’
China Life Insurance Co H on Smartkarma
Analyst coverage of China Life Insurance Co H on Smartkarma has been highlighted by Travis Lundy‘s bullish sentiment in his recent 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’s analysis indicates a favorable shift in AH premia, with lower premia and narrowing spreads favoring a long position in H over A. The report provides detailed insights and measures to track A/H premium positioning, southbound and northbound positioning/volatility, and recent market trends.
Lundy’s report also points out notable market movements, such as consecutive buying streaks in southbound positioning and significant inflows in northbound activities. The recent performance of HK stocks, particularly in H/A pairs, where Hs outperformed their A counterparts by over 4%, further supports the recommendation to position long on China Life Insurance Co H. Smartkarma continues to provide investors with valuable independent research from top analysts like Lundy, aiding in informed investment decisions.
A look at China Life Insurance Co H Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Analysts at Smartkarma have assigned China Life Insurance Co H a positive long-term outlook based on their Smart Scores. With a strong Value score of 5, the company is deemed as undervalued relative to its fundamentals. Additionally, scoring a 4 in Dividend and Growth reflects its stable dividend payments and potential for future growth opportunities. In terms of Resilience, the company received a score of 3, indicating a moderate ability to weather economic downturns. Momentum, with a top score of 5, suggests a strong upward trend in performance.
China Life Insurance Company Ltd. is recognized for offering a diverse range of life, accident, and health insurance products and services. The company’s high Smart Scores demonstrate its robust financial standing and growth potential in the long run, positioning it favorably in the insurance sector.
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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