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Fanhua Inc - FANH STOCK NEWS

Welcome to our dedicated news page for Fanhua (Ticker: FANH), a resource for investors and traders seeking the latest updates and insights on Fanhua.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fanhua's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fanhua's position in the market.

News
FANHUA Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
Rhea-AI Summary
FANHUA Inc. reports a significant increase in net income attributable to shareholders for 2023, showing a growth of 179.7% YoY. The company's total net revenues, operating income, and adjusted EBITDA also saw positive growth percentages. Key operating metrics like total life gross written premiums and first-year premiums have increased, indicating strong performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
earnings
-
News
FANHUA to Announce Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and Host Conference Call on March 20, 2024
Rhea-AI Summary
FANHUA Inc. will release its unaudited financial results for Q4 and fiscal year 2023 on March 20, 2024. A conference call hosted by key executives will discuss the results. Pre-registration is required to join the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
earnings
-
News
FANHUA Announces Supplementary Agreement to Strategic Framework Agreement with White Group and Board Changes
Rhea-AI Summary
FANHUA Inc. announces a strategic agreement with Singapore White Group Pte. Ltd. to inject assets and invest up to US$500 million in FANHUA for AI development and international expansion. The agreement aims to explore investments in a telehealth solution provider and an AI Humanoid hardware manufacturer. Mr. Peh Chin Hua appointed as Chairman of FANHUA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
News
FANHUA Announces Significant Investment from White Group
Rhea-AI Summary
FANHUA Inc. announced a framework agreement with Puyi Inc. and Singapore White Group Pte. Ltd., where White Group and its partners plan to invest up to US$500 million in Fanhua and up to US$500 million in Puyi. The agreement is pending finalization of details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
none
-
News
FANHUA Announces Changes to Board of Directors
Rhea-AI Summary
FANHUA Inc. announced the resignation of Mr. Stephen Markscheid as an independent director due to personal reasons, effective on February 1, 2024. The company expressed gratitude for his 16 years of contributions and support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
management
-
News
FANHUA Announces Share Exchange Transaction Between Certain Shareholders and Puyi Inc.
Rhea-AI Summary
FANHUA Inc. (Nasdaq: FANH) announces share exchange agreements with Puyi Inc. (Nasdaq: PUYI) where FANHUA Participating Shareholders will exchange 568,226,628 ordinary shares for 284,113,314 newly issued ordinary shares of PUYI. The Transaction is expected to close on December 29, 2023, subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
News
FANHUA To Exchange Its 4.5% Stake in Puyi for 15.4% Stake in Puyi’s Wholly-owned Fund Sales Company
Rhea-AI Summary
FANHUA Inc. (NASDAQ: FANH) announced a share repurchase agreement with Puyi Inc. (Nasdaq: PUYI) on December 22, 2023. FANHUA will transfer its 4.46% equity interests in Puyi back to Puyi and acquire 15.41% equity interests in FANHUA Puyi Fund Sales Co., Ltd. from Puyi. The transactions are expected to be completed before December 31, 2023, subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.74%
Tags
none
-
News
FANHUA Reports Third Quarter 2023 Unaudited Financial Results
Rhea-AI Summary
FANHUA Inc. (Nasdaq: FANH) announced a 382.6% YoY increase in net income attributable to shareholders for Q3 2023. The company's strategic initiatives have contributed to operational resilience, and it anticipates a transition towards technology and services-driven growth in the industry. Significant developments include an increase in net profit due to an unrealized holding gain on fair value change over an equity investment, and the establishment of two non-wholly owned subsidiaries with Asia Insurance Co., Ltd. The company expects 50% YoY growth in life insurance first year premiums and adjusted EBITDA for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
earnings
-
News
FANHUA Provides Select Preliminary Financial Results and Schedules to Report Third Quarter 2023 Financial Results on November 20, 2023
Rhea-AI Summary
FANHUA Inc. provides select preliminary financial results for Q3 2023, expecting an unrealized investment gain of $22.5 million. Net income for Q3 2023 estimated to increase significantly. Full-year guidance of at least 50% YoY increase in operating income remains unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
conferences earnings
News
FANHUA Announces Joint Ventures with Asia Insurance
Rhea-AI Summary
FANHUA Inc. announces strategic partnership with Asia Insurance to form two joint ventures in the insurance industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
Stock FANH logo
Fanhua Inc

Nasdaq:FANH

FANH Rankings

#3745 Ranked by Market Cap
#416 Ranked by Stock Gains
N/A Ranked by Dividends

FANH Stock Data

229.50M
438.77M
0.91%
9.08%
0.16%
Insurance Agencies and Brokerages
Finance and Insurance
Link
China (Mainland)
Guangzhou

About FANH

泛华企业集团有限公司成立于1998年，是中国领先的独立第三方o2o综合金融服务公司，致力于通过互联网与地面网络有机结合，为个人及企业客户提供多元化的金融产品和服务（包括财险、寿险、理财产品和消费者金融服务、保险公估服务，以及紧急救援等客户增值服务）。泛华于2007年10月31日在美国纳斯达克主板上市，股票代码为cisg（中文译名曾为泛华保险服务集团）。 在保险服务领域，泛华企业集团全资拥有泛华保险销售服务集团、泛华博成保险经纪公司，控股泛华保网电子商务有限公司、泛华保险公估有限公司；在金融服务领域，泛华企业集团投资参股了泛华金融服务集团，泛华普益基金销售公司；在互联网金融服务领域，泛华企业集团拥有掌中保、保网（http://www.baoxian.com）、车童网（http://www.chetong.net）、e互助（http://www.ehuzhu.com）、淘淘金（http://www.taotaojin.com/）等线上平台。 掌中保是面向代理人的移动交易平台，帮助代理人通过移动终端的app为客户提供大量车险、寿险和理财产品的实时报价和在线交易。保网（www.baoxian.com）是意健险购买入口，直接面向终端消费者销售数十家保险公司的数百款健康险、意外险、旅游险等标准化产品。 车险比价网站即将在2015年中推出，我们致力于将其打造成为中国消费者搜索和购买车险的首选平台。车童网（www.chetong.net)是国内首个基于地图定位技术的保险售后公共服务平台。车童网利用互联网技术整合各地的汽车和保险服务资源，为客户提供查勘、定损、救援、快修等服务。 泛华的专业顾问及服务网络覆盖全国29个省（市、自治区），包括中国经济最发达的城市和地区。泛华的线下销售和服务网络与线上平台相辅相成，全方位地满足消费者对面对面咨询服务、线上便捷消费、线下贴身售后服务等多种个性化的需求。 泛华在为股东、员工、客户创造价值的同时，也积极履行企业的社会责任。2014年7月份，泛华发起国内首个非营利性的网络互助平台——e互助（www.ehuzhu.com；微信公众号：ehuzhu），专注于通过会员互助的形式为会员成员们提供低成本全面有效的避险方案。 泛华对服务品质的孜孜追求，赢来了客户和合作伙伴的信赖。在保险领域，2014年，泛华保险再次获选“2014领航中国年度最佳保险中介公司”。