• Like
  • Comment
  • Favorite

Huize Holding's 4Q 2024 Earnings May Be 'Relatively Lukewarm' -- Market Talk

Dow Jones01-02

0235 GMT - Huize Holding's 4Q 2024 earnings may be "relatively lukewarm," according to management's guidance, UOB Kay Hian's Kenny Lim Yong Hui says in a research report. Management notes some demand for savings-type products has been front-loaded into 3Q and clients could take time to accept transition from traditional savings products toward participating products. However, management also continues to see robust sales momentum in Hong Kong through December, which could partially offset weakness in the insurance platform's mainland China business, the analyst adds. The brokerage maintains the American depositary shares' buy rating but trims the target price to US$7.00 from US$7.50 based on an ADS conversion ratio change. ADS were last quoted at US$3.23. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

January 01, 2025 21:35 ET (02:35 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
errorbox banner

抱歉,当前请求异常(-1)

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial