New China Life Insurance Co., Ltd. Class H (HK:1336) has released an update.
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New China Life Insurance Co., Ltd. has announced a significant profit increase for the first three quarters of 2024, with net profits rising by an impressive 95% to 115% compared to the same period in 2023. This financial surge is attributed to the company’s strategic focus on various financial priorities including green and digital finance, and a boon in the capital market that substantially boosted investment returns. The results are preliminary and unaudited, with the detailed Third Quarter Report 2024 yet to be released.
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