Cheche Group Inc(CCG),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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CCG Cheche Group Inc

Trading 11-14 12:38:58 EST

0.9003

-0.0697

-7.19%

High0.9650	Low0.8901	Vol90.72K
Open0.9460	D1 Closing0.9700	Amplitude7.72%
Mkt Cap70.09M	Tradable Cap12.29M	Total Shares77.85M
T/O83.24K	T/O Rate0.66%	Tradable Shares13.65M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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The global crypto miner leader has recently secured a major deal with Canaan Creative Global , the Singapore-based subsidiary.Under the new agreement, CCG will supply HIVE with 6,500 Avalon A1566 miners. This move marks a pivotal shift in HIVE’s plans to strengthen its Bitcoin mining capabilities and create a more efficient, eco-friendly infrastructure.The machines will be delivered in stages over the next few months, allowing HIVE to boost its mining capabilities gradually. This addition aims to strengthen HIVE’s position in the Bitcoin industry and ensure it has advanced technology that improves both performance and reliability. This step is apart of HIVE’s broader strategy to enhance efficiency and expand its operations.The strategic deal has sent positive signals to investors. Canaan’s NASDAQ-listed stock saw a 38% increase, reaching $1.74 per share. Despite being down 80% since its public listi","market":"us","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/3af6e442faae40d396879d1b9691c41f.webp","type":0,"news_type":0,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/3af6e442faae40d396879d1b9691c41f.webp"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://coinmarketcap.com/community/articles/67325eacd43dd7217d9e7cd4/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"coinmarketcap_highlight","symbols":["BK4588","BK4595","BTC.USD.CC","BTC.USD.HKCC","BK4594","CCG","BK4526","BK4173","BK4585","HIVE","BK4023","CAN","BK4170"],"gpt_icon":1},{"id":"2480851568","title":"Intel Faces Challenges Amid Q3 Losses and Intense Competition","url":"https://stock-news.laohu8.com/highlight/detail?id=2480851568","media":"GuruFocus","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480851568?lang=en_us&edition=fundamental","pubTime":"2024-11-02 02:32","pubTimestamp":1730485967,"startTime":"0","endTime":"0","summary":"Intel (INTC, Financial) saw a 7% increase today, despite reporting significant net losses in Q3, missing analyst expectations due to declining margins. The chip maker has faced a challenging year as c","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2579380/intel-faces-challenges-amid-q3-losses-and-intense-competition","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["LU1951198990.SGD","LU1880398554.USD","BK4581","LU0868494617.USD","BK4515","LU1951200564.SGD","LU0642271901.SGD","BK4535","INTC","BK4550","BK4179","LU0082616367.USD","LU0823421333.USD","NVDA","BK4173","LU0081259029.USD","LU1316542783.SGD","LU0109392836.USD","LU1069344957.HKD","LU0198837287.USD","LU2023250504.SGD","LU2106854487.HKD","LU0823434740.USD","NEX","LU1974910355.USD","CCG","QCOM","LU0321505439.SGD","BK4533","SG9999015986.USD","BK4575","LU0061475181.USD","BK4588","AMD","LU1803068979.SGD","LU0321505868.SGD","LU1880398471.USD","LU1035775433.USD","LU1084165304.USD","IE00BSNM7G36.USD","LU1064131342.USD","IE0004445239.USD","SG9999015952.SGD","BK4579","SG9999015978.USD","IE00B5949003.HKD","LU0056508442.USD","LU1823568750.SGD","LU2247934214.USD","BK4585","LU1988902786.USD"],"gpt_icon":1},{"id":"2480352348","title":"Intel's 7% Stock Jump: Is This the Start of a Real Comeback or Just Hype?","url":"https://stock-news.laohu8.com/highlight/detail?id=2480352348","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480352348?lang=en_us&edition=fundamental","pubTime":"2024-11-01 23:37","pubTimestamp":1730475466,"startTime":"0","endTime":"0","summary":"Intel's  recent Q3 results show some momentum, yet caution is advised. The company reported $13.3 billion in revenue, slightly above expectations, and forecasted continued gains in Q4. However, underlying challenges remain: Intel is dealing with significant restructuring and asset impairment charges totaling $15.9 billion, which led to a non-GAAP EPS loss of $0.46. While Intel shares surged 6% premarket, analysts remain wary, flagging potential roadblocks in the crucial 18A node production that Intel hopes will restore its competitive edge in the foundry space?GuruFocus has detected 7 Warning Signs with INTC.For Q4, Intel has issued guidance of $13.3 billion to $14.3 billion in revenue, with a GAAP EPS loss of $0.24 but a positive non-GAAP EPS of $0.12. CEO Pat Gelsinger is driving a restructuring plan aimed at efficiency and profitability, but with multiple moving parts in Intel's strategic pivot, execution risks are high. Evercore's Mark Lipacis sees Intel's ongoing cost-cutting meas","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/qa77.AcjU2W3sAL6GVO7LQ--~B/aD0zNTU7dz0zNTU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/2aba47a7687bfa47e743236e7e81496e","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qa77.AcjU2W3sAL6GVO7LQ--~B/aD0zNTU7dz0zNTU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/2aba47a7687bfa47e743236e7e81496e"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intels-7-stock-jump-start-153746428.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4579","CCG","BK4581","IE00BKVL7J92.USD","BK4127","BK4535","BK4515","LU1989772840.SGD","INTC","LU2357305700.SGD","LU0321505868.SGD","BK4527","LU1668664300.SGD","BK4504","BK4550","BK4585","LU0106831901.USD","LU1363072403.SGD","LU0081259029.USD","LU0320765646.SGD","LU1162221912.USD","BK4173","BK4554","LU0098860793.USD","BK4529","LU1720051017.SGD","BK4141","BK4512","LU0314104364.USD","LU1548497426.USD","LU0971096721.USD","LU1989772923.USD","BK4588","LU1074936037.SGD","IE00BZ1G4Q59.USD","LU0267386448.USD","BK4533","LU0321505439.SGD","BK4575","LU1720051108.HKD","BK4534","LU0225283273.USD"],"gpt_icon":1},{"id":"2480889336","title":"Intel's Q3 Loss Wider Than Expected on Impairment Charges, Shares Up","url":"https://stock-news.laohu8.com/highlight/detail?id=2480889336","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480889336?lang=en_us&edition=fundamental","pubTime":"2024-11-01 20:36","pubTimestamp":1730464560,"startTime":"0","endTime":"0","summary":"Intel Corporation INTC reported soft third-quarter 2024 results owing to high impairment and restructuring charges related to cost reduction and portfolio rationalization efforts. Despite solid traction from an accelerated ramp-up of artificial intelligence  PCs, margins were significantly affected by initiatives to drive operational efficiency and agility, and accelerate profitable growth. The top line beat the Zacks Consensus Estimate but the bottom line missed the same.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Intel has made significant strides in its cost-cutting plan to rebuild a sustainable growth engine. Following the quarterly results, shares were up in after-market trading on a favorable outlook.GAAP revenues in the reported quarter were $13.28 billion, down from $14.16 billion a year ago. The quarterly revenues were above the mid-point of the guided range and beat the consensus estimate of $13.01 billion. The company witnessed healthy growth momen","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5URc08iHaPcZrA40edOw3Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/fbf2b6303b3e14c818fc711f8e83ba7a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5URc08iHaPcZrA40edOw3Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/fbf2b6303b3e14c818fc711f8e83ba7a"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intels-q3-loss-wider-expected-123600714.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4548","LU0321505868.SGD","IE0008368304.USD","LU2317271919.USD","IE00BN0W2W23.USD","BK4551","BK4173","BK4585","BK4554","LU0321505439.SGD","IE00B894F039.SGD","IE00BMPRXQ63.HKD","BK4535","NEX","IE00BN0W2V16.EUR","LU0225283273.USD","BK4179","IE00B19Z9Z06.USD","BK4588","ANET","BK4533","BK4515","BK4579","LU2286300806.USD","BK4529","BK4077","IE00BN0W2T93.GBP","BK4527","BK4575","BK4508","IE00BZ9MQY76.HKD","IE00B19Z9P08.USD","BK4141","BK4534","IE00BMPRXN33.USD","BK4116","LU0081259029.USD","IE00BMPRXR70.SGD","BK4020","CCG","BK4512","INTC","BK4550","LU0348723411.USD","PINS","AKAM"],"gpt_icon":1},{"id":"2480153061","title":"Intel Reports Third-Quarter 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2480153061","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480153061?lang=en_us&edition=fundamental","pubTime":"2024-11-01 04:01","pubTimestamp":1730404860,"startTime":"0","endTime":"0","summary":"Third-quarter GAAP earnings  per share  attributable to Intel was $; non-GAAP EPS attributable to Intel was $.$ impact to GAAP EPS attributable to Intel from $15.9 billion of impairment charges and $2.8 billion of restructuring charges; $ impact to non-GAAP EPS attributable to Intel from $3.1 billion of impairment charges.Forecasting fourth-quarter 2024 revenue of $13.3 billion to $14.3 billion; expecting fourth-quarter GAAP EPS attributable to Intel of $; non-GAAP EPS attributable to Intel of $0.12.SANTA CLARA, Calif., October 31, 2024----Intel Corporation today reported third-quarter 2024 financial results.In the third quarter, the company made significant progress on its $10 billion cost reduction plan. The plan aims to drive operational efficiency and agility, accelerate profitable growth and create capacity for ongoing strategic investment in technology and manufacturing leadership. These initiatives include structural and operating realignment across the company, alongside reduct","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/K_h_SoIRz7Vb.i72ftC_vQ--~B/aD0zMjA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/bb40bc39b657c48c5fef5b13a65d6920","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/K_h_SoIRz7Vb.i72ftC_vQ--~B/aD0zMjA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/bb40bc39b657c48c5fef5b13a65d6920"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"e2d3560697a95f3fb561fc05e8b603a2","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intel-reports-third-quarter-2024-200100025.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4515","LU0321505868.SGD","BK4179","BK4527","BK4534","BK4579","LU0081259029.USD","NEX","BK4529","BK4585","BK4535","BK4533","BK4173","BK4575","BK4512","INTC","CCG","BK4550","LU0321505439.SGD","BK4141","BK4554","BK4588"],"gpt_icon":1},{"id":"2474588064","title":"Maxim starts Cheche Technology at Buy on ‘higher margin’ growth drivers","url":"https://stock-news.laohu8.com/highlight/detail?id=2474588064","media":"TipRanks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474588064?lang=en_us&edition=fundamental","pubTime":"2024-10-12 20:20","pubTimestamp":1728735639,"startTime":"0","endTime":"0","summary":"As previously reported, Maxim initiated coverage of Cheche Technology with a Buy rating and $2.50 price target The company operates the largest independent auto insurance digital platform in China, and its growth drivers include a shift to digital, new partners, growth in electric vehicles, and non-auto insurance – all of which are higher margin, the analyst tells investors in a research note. The firm sees Cheche revenue increasing 3.9%, 2.7%, and 9.4% y/y from 2024-2026 respectively.Cheche Technology announces strategic partnership with Tokio Marine. Cheche Technology announces CEO Lei Zhang recently acquired shares of its stock","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/S6V6zxIEbYqZxAAGRrwZWQ--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/68fb8558c138149953f66ded9010869c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/S6V6zxIEbYqZxAAGRrwZWQ--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/68fb8558c138149953f66ded9010869c"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/maxim-starts-cheche-technology-buy-122039416.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/maxim-starts-cheche-technology-buy-122039416.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CCGWW","CCG"],"gpt_icon":0},{"id":"2474523095","title":"Cheche Group Initiated at Buy by Maxim Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2474523095","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474523095?lang=en_us&edition=fundamental","pubTime":"2024-10-11 20:32","pubTimestamp":1728649920,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/CCG/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 11, 2024 08:32 ET (12:32 GMT)","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2474578312","title":"Russia Tacitly Recognizes China's Self-Proclaimed Status As A \"Near-Arctic State\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2474578312","media":"Zero Hedge","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474578312?lang=en_us&edition=fundamental","pubTime":"2024-10-09 03:25","pubTimestamp":1728415500,"startTime":"0","endTime":"0","summary":"Authored by Andrew Korybko via Substack,CNN reported last week that “China’s Coast Guard claims to have entered the Arctic Ocean for the first time as it ramps up security ties with Russia”, though at","market":"us","thumbnail":"https://cms.zerohedge.com/s3/files/styles/teaser_desktop_2x/public/2024-10/httpssubstack-post-media.s3.amaz%20%2863%29.jpg?itok=rBwPFVk8","type":0,"news_type":0,"thumbnails":["https://cms.zerohedge.com/s3/files/styles/teaser_desktop_2x/public/2024-10/httpssubstack-post-media.s3.amaz%20%2863%29.jpg?itok=rBwPFVk8"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.zerohedge.com/geopolitical/russia-tacitly-recognizes-chinas-self-proclaimed-status-near-arctic-state","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"zerohedge_highlight","symbols":["BK4585","BK4135","BK4173","IE0034235188.USD","NSR","IE00B3QW5Z07.USD","IE00B64PRP62.GBP","IE00BGHQF748.EUR","LU1883839398.USD","STT","LU0061475181.USD","BK4588","CCG"],"gpt_icon":0},{"id":"2472872315","title":"Cheche Group Forges Strategic Insurance Partnership","url":"https://stock-news.laohu8.com/highlight/detail?id=2472872315","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472872315?lang=en_us&edition=fundamental","pubTime":"2024-10-02 04:27","pubTimestamp":1727814461,"startTime":"0","endTime":"0","summary":"Cheche Group (CCG) has released an update. Cheche Group Inc., a leader in China’s auto insurance technology, has announced a strategic partnership ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cheche-group-forges-strategic-insurance-partnership?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cheche-group-forges-strategic-insurance-partnership?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4173","CCG"],"gpt_icon":0},{"id":"2472495321","title":"Cheche Group Announces Strategic Partnership With the Tokio Marine & Nichido Fire Insurance Company (China) Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=2472495321","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472495321?lang=en_us&edition=fundamental","pubTime":"2024-10-01 20:00","pubTimestamp":1727784006,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241001:nTUA5QWN9Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2471802152","title":"BRIEF-Cheche Group CEO Lei Zhang Buys Cheche's Ordinary Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2471802152","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2471802152?lang=en_us&edition=fundamental","pubTime":"2024-09-30 20:36","pubTimestamp":1727699774,"startTime":"0","endTime":"0","summary":"Sept 30 (Reuters) - Cheche Group Inc   :   * CHECHE GROUP: CEO LEI ZHANG ACQUIRES CO'S ORDINARY SHARESSource text for Eikon:   Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2471013018","title":"Cheche Group: CEO Lei Zhang Acquires Co's Ordinary Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2471013018","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2471013018?lang=en_us&edition=fundamental","pubTime":"2024-09-30 20:01","pubTimestamp":1727697701,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20240930:nFWN3LC0VV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4173","CCG"],"gpt_icon":0},{"id":"2471804542","title":"Cheche Group CEO Lei Zhang Acquiring Company Ordinary Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2471804542","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2471804542?lang=en_us&edition=fundamental","pubTime":"2024-09-30 20:00","pubTimestamp":1727697600,"startTime":"0","endTime":"0","summary":"BEIJING, Sept. 30, 2024 /PRNewswire/ -- Cheche Group Inc.  , China's leading auto insurance technology platform, today announced that its Founder, Chief Executive Officer and Chairman, Lei Zhang, recently purchased Class A ordinary shares of Cheche in the open market.\"The rapid growth of the digital insurance business for new energy vehicles and the significant economies of scale underscore the enormous potential of our platform,\" said Mr. Zhang. \"My investment reflects my confidence in Cheche as we continue to build and customize products for our expanding network of insurance and manufacturing partners and increase our footprint in China's insurance business.\"","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/nstWfHV.AxvI9jm6QCxSGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/52b6c0c31ca893bbbcae4711b67b9d8a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/nstWfHV.AxvI9jm6QCxSGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/52b6c0c31ca893bbbcae4711b67b9d8a"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/cheche-group-ceo-lei-zhang-120000615.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cheche-group-ceo-lei-zhang-120000615.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4173","CCGWW","CCG"],"gpt_icon":0},{"id":"2467713463","title":"Comms Group (ASX:CCG) - 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Cheche Group Inc   :   * CHECHE GROUP ANNOUNCES PARTNERSHIP WITH GREAT WALL MOTOR'S INSURANCE BROKERAGESource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2466208639","title":"Cheche Group Forges Key Partnership with Laoyou Insurance","url":"https://stock-news.laohu8.com/highlight/detail?id=2466208639","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466208639?lang=en_us&edition=fundamental","pubTime":"2024-09-12 21:17","pubTimestamp":1726147044,"startTime":"0","endTime":"0","summary":"Cheche Group (CCG) has released an update. Cheche Group Inc., a leading Chinese auto insurance technology platform, has announced a strategic partn...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cheche-group-forges-key-partnership-with-laoyou-insurance?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cheche-group-forges-key-partnership-with-laoyou-insurance?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2466745132","title":"Cheche Group Announces Partnership With Great Wall Motor's Insurance Brokerage","url":"https://stock-news.laohu8.com/highlight/detail?id=2466745132","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466745132?lang=en_us&edition=fundamental","pubTime":"2024-09-12 20:30","pubTimestamp":1726144210,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20240912:nTUA33XFCW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CCG","BK4173"],"gpt_icon":0},{"id":"2466136272","title":"Cheche Group Announces Partnership with Great Wall Motor's Insurance Brokerage","url":"https://stock-news.laohu8.com/highlight/detail?id=2466136272","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466136272?lang=en_us&edition=fundamental","pubTime":"2024-09-12 20:30","pubTimestamp":1726144200,"startTime":"0","endTime":"0","summary":"BEIJING, Sept. 12, 2024 /PRNewswire/ -- Cheche Group Inc.  , China's leading auto insurance technology platform, today announced that it has entered into a partnership with Laoyou Insurance Brokerage Co., Ltd. , as Cheche continues to increase its collaborations with auto manufacturers in China.Laoyou Insurance is a wholly controlled subsidiary of Great Wall Motor Company Limited , a top ten Chinese auto manufacturer that largely produces sport-utility vehicles and pick-up trucks with brands such as Haval, Wey, Tank, Poer, and Ora.Cheche's insurance solutions and mature transaction system have been gradually rolled out in conjunction with GWM's newly established direct-sales network, operated by Great Wall Smart Selection Information Technology  Co., LTD , in more than 20 cities nationwide.As GWM's Smart Selection direct-sales network continues to expand, Cheche's comprehensive insurance service offerings, such as contracts management services, insurance operation services and insuranc","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/BRf9209aG4WjXt83gQp5Kg--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/e081a5a38871ccae9a675511864e1562","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BRf9209aG4WjXt83gQp5Kg--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/e081a5a38871ccae9a675511864e1562"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/cheche-group-announces-partnership-great-123000127.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cheche-group-announces-partnership-great-123000127.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CCGWW","CCG","BK4173"],"gpt_icon":0},{"id":"2466025752","title":"207 Chinese Ships Spotted In West Philippine Sea In New Record-High","url":"https://stock-news.laohu8.com/highlight/detail?id=2466025752","media":"Zero Hedge","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466025752?lang=en_us&edition=fundamental","pubTime":"2024-09-12 15:20","pubTimestamp":1726125600,"startTime":"0","endTime":"0","summary":"“We are still trying to assess why there is an increase in number in Iroquois or Rozul Reef. However, we could state that for Sabina or Escoda, it's because of the extra attention that we have given to that particular shoal. For Iroquois or Rozul, we are still trying to assess,” Trinidad said.Meanwhile, Trinidad said the BRP Teresa Magbanua remained seaworthy despite the damage it incurred during the Aug. 31 ramming by a CCG vessel.He added the Philippine Navy and the Armed Forces of the Philippines were ready to support the PCG to maintain its presence in Escoda Shoal.“The ship is still seaworthy. Whatever damage has been incurred will not compromise the overall integrity, water integrity of the ship. Hence, it is still there performing its mission,” Trinidad said.","market":"us","thumbnail":"https://assets.zerohedge.com/s3fs-public/styles/teaser_desktop_2x/public/2024-09/china%20coast%20guard%202.jpg?h=8b901561&itok=akZg-6me","type":0,"news_type":0,"thumbnails":["https://assets.zerohedge.com/s3fs-public/styles/teaser_desktop_2x/public/2024-09/china%20coast%20guard%202.jpg?h=8b901561&itok=akZg-6me"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.zerohedge.com/geopolitical/207-chinese-ships-spotted-west-philippine-sea-new-record-high","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"zerohedge_highlight","symbols":["BK4081","PCG","BK4588","CCG","IE00BD4GTT62.SGD","IE00BD4GTV84.USD","IE00BD4GTW91.USD","BK4173","BK4585"],"gpt_icon":0},{"id":"2464516123","title":"Intel: If You Build, They Will Come","url":"https://stock-news.laohu8.com/highlight/detail?id=2464516123","media":"seekingalpha","labels":["Product Release"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2464516123?lang=en_us&edition=fundamental","pubTime":"2024-09-04 02:03","pubTimestamp":1725386624,"startTime":"0","endTime":"0","summary":"Some believe Intel Corporation stock is in a free fall, with no turning back.However, the company appears to have a plan, a roadmap to recovery.Intel is executing on strategies to wrestle back control","market":"hk","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1831946092/image_1831946092.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1831946092/image_1831946092.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/article/4718738-intel-if-you-build-they-will-come","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"Product Release","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["IE00BDCRKT87.USD","LU0211327993.USD","LU0642271901.SGD","IE00BJJMRX11.SGD","2NVD.UK","BK4576","IE00BFXG0V08.USD","INTC","LU0056508442.USD","LU2023250504.SGD","LU0149725797.USD","LU2458330169.SGD","BGSX","LU1316542783.SGD","BK4170","LU1880398554.USD","NVDA","IE00BJJMRY28.SGD","LU1803068979.SGD","NEX","BK4515","LU1823568750.SGD","BK4516","IE0004445015.USD","BK4577","IE00BKVL7J92.USD","BK4573","IE00B19Z3B42.SGD","IE00BJTD4V19.USD","3NVD.UK","LU2458330243.SGD","BK4077","ARM","IE00BJTD4N35.SGD","AMD","AGI","LU0079474960.USD","MSFT","CCG","LU1917777945.USD","L","IE00B3M56506.USD","LU0267386448.USD","HPQ","BK4575","BK4579"],"gpt_icon":1}],"profile":{"websiteUrl":"","stockEarnings":[{"period":"1week","weight":0.1563},{"period":"1month","weight":0.222},{"period":"3month","weight":-0.03},{"period":"6month","weight":-0.4294},{"period":"1year","weight":-0.8083},{"period":"ytd","weight":-0.8491}],"compareEarnings":[{"period":"1week","weight":0.0104},{"period":"1month","weight":0.022},{"period":"3month","weight":0.0798},{"period":"6month","weight":0.1279},{"period":"1year","weight":0.3308},{"period":"ytd","weight":0.2564}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Cheche Group, Inc. is a holding company, which engages in the operation of providing insurance transaction services, Software-as-a-Service (Saas) services, and other services in China. 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