Rough Market Ride Leaves Insurer ZhongAn Covered in Red Ink
The online insurer has applied new accounting standards to its earnings, magnifying the impact of poor investment returnsKey Takeaways:ZhongAn Online has forecast a net loss of 1.3 billion yuan to 1.5…
Recent Articles
RELATED ARTICLES
-
ZhongAn weathers feeble economy with business from online shoppers, travelers
6060.HK
- Shouhui serves up new insurance option for investors
-
ZhongAn may be betting on property rebound with Shanghai office buys
6060.HK
- Juicy margins set Zhongmiao apart among stodgy insurers
-
Waterdrop stalls in second quarter, but reaffirms annual growth forecast
WDH.US
-
Weak China car market puts brakes on Cheche’s growth
CCG.US
- Yuanbao drives business with technology-driven insurance services in tough market
Discover hidden China stock gems in our weekly newsletter