ZhongAn weathers feeble economy with business from online shoppers, travelers
The digital insurer posted solid gross written premium growth for January and all of 2023, likely on the back of its popular insurance products for online shoppers and travelers Key…
CHINA BULLETIN: More Sagging Exports and Deflation, but an Import Surprise
In this week’s issue an import surprise, Nio slims down and Hong Kong investors to feast on Sichuan-spicy hot-and-sour noodles.
What Chinese companies can learn from Shein on managing U.S.-China tensions – Part 2
The online fast-fashion sensation is part of a growing group of Chinese companies finding middle ground in Singapore to balance the world’s two major superpowers This is the second part…
NEWS WRAP: OneConnect’s losses narrow as cost cuts offset revenue decline
The provider of technology products and services to banks and insurers blamed a “lagging” business recovery for its 14% revenue decline in the three months to June By Doug…
ZhongAn rides China’s early 2023 upswing back to profits
The digital insurer says it returned to the black, as it clocked its fastest revenue growth since 2017 in the first seven months of this year Key Takeaways: ZhongAn expects…
ZhongAn’s Insurance Sales Show Signs of Picking Up, But Challenges Remain
Data suggests growth in the digital insurer’s gross written premiums accelerated strongly in the second half of last year from the first half, but it continues to face numerous uncertaintiesKey…
Fanhua Decides to Stay on Wall Street, Citing Improving U.S.-China Climate
The insurance broker’s founder withdrew his privatization bid launched a year ago, saying the risk of Chinese companies being forced to de-list from New York has been ‘substantially’ reducedKey Takeaways:Fanhua…