Previous close | 27.51 |
Open | 27.27 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 26.77 - 27.27 |
52-week range | 26.77 - 43.95 |
Volume | |
Avg. volume | 546,300 |
Market cap | 75.732B |
Beta (5Y monthly) | 0.83 |
PE ratio (TTM) | 2,694.00 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.82 (3.06%) |
Ex-dividend date | 30 May 2024 |
1y target est | N/A |
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The Asia-focused insurer benefited from a surge in customers from mainland China who travelled to buy offshore products as they look to capitalise on potentially lower premiums and higher returns in Hong Kong. A comparative shortage of investment channels amid China's weakening yuan has removed the shine off Chinese insurance with an increasing number of mainlanders becoming more and more aware of the advantages involving offshore insurance policies. Mainland Chinese tourists spent HK$59 billion ($7.54 billion) on insurance policies in Hong Kong last year, according to data from the territory's Insurance Authority.
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