Fanhua uses savvy share-based acquisitions to rekindle growth
Fresh acquisitions paid for with the insurance broker’s stock yielded revenue growth that outpaced spending in the first quarter Key Takeaways: Fanhua’s revenue grew 21% in the first quarter, while…
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FAST NEWS: Investors Unsure as Sunshine Insurance Makes Trading Debut
The latest: Sunshine Insurance Group Co. Ltd. (6963.HK) made its trading debut in Hong Kong on Friday, becoming the first new Chinese insurer to go public in four years. Its…
Insurance Anyone? Fanhua Struggles to Sell New Policies in Omicron-hit China
Company’s stock dropped after it posted a first-quarter net loss and revenue decline, hit by Covid curbs in China Key takeaways: • Fanhua posted a 37% revenue decline and net…