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Huize Holding Ltd - HUIZ STOCK NEWS

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

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 Huize Holding'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 Huize Holding's position in the market.

Rhea-AI Summary
Huize partners with PICC Life Insurance to launch 'i Wu You - Low-Threshold Edition', a customized critical illness insurance product. The product offers flexible coverage for 28 severe and three mild illnesses, a relaxed health declaration process, and a low eligibility threshold for customers aged 30 to 65. The partnership aims to provide protection to a wider range of customers with sub-health and pre-existing conditions.
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Huize Holding , a prominent insurance technology platform in China, has filed its 2023 Annual Report on Form 20-F with the SEC. The report highlights the company's digital connectivity with consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions.
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Huize Holding partners with Aviva-COFCO to launch 'Fu Man Jia', a customized participating whole life insurance product, offering stable value growth, low threshold with high dividend flexibility, and enhanced premium payment terms.
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Huize Holding partners with Ruihua Health Assurance to launch 'Darwin Critical Care No.9', a customized critical illness insurance product. The product offers extensive coverage for various illnesses with cost-effective features and optional benefits, reflecting Huize's commitment to meeting customer needs.
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-1.67%
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Huize Holding (NASDAQ: HUIZ) to present at The 14th Annual LD Micro Invitational on April 9th, 2024, led by Co-Chief Financial Officer, Mr. Ron Tam.
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Huize Holding (HUIZ) announces a share repurchase program of up to US$5 million, aiming to enhance shareholder value and showcase confidence in the company's future.
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1.74%
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buyback
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Huize Holding reported strong financial results for the full year 2023, with GWP increasing by 18.2% year-over-year to RMB5,800.9 million. The company achieved a net profit of RMB70.2 million and a non-GAAP net profit of RMB72.3 million, exceeding guidance. Huize expanded into the Hong Kong market, serving approximately 9.3 million insurance clients and cooperating with 123 insurer partners. The company aims to capitalize on growth opportunities in China, Asia, and Southeast Asia, targeting a double-digit revenue contribution from international markets in 2024.
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1.74%
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Huize Holding Limited (HUIZ) to release unaudited financial results for Q4 and full year 2023 on March 20, 2024. Earnings conference call scheduled for 8:00 A.M. Eastern Time on the same day.
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14.49%
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Huize Holding Limited (HUIZ) released its 2023 Customer Service Report and the 2023 “Xiao Ma Claim” Service Annual Review, showcasing a 98.6% customer satisfaction rate for online customer services and a 99.5% satisfaction rate for teleservices. The reports revealed that Huize served more than one million families with coverage from 11 million insurance policies and provided assistance with 92,000 insurance claims, with a total claim settlement amount of RMB570 million. The reports also highlighted key insights related to critical illness insurance claims, medical insurance products, life insurance claims, and the utilization of online services. Chairman and CEO, Mr. Cunjun Ma, expressed pride in the company's outstanding performance and commitment to providing convenient and efficient services to new generation consumers in China.
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-5.26%
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Huize Holding Limited (NASDAQ: HUIZ) has partnered with PICC Life Insurance Company Limited to launch 'Darwin Critical Care No.8 – Advanced', a customized critical illness insurance product. The product provides extensive coverage for 120 critical, 20 moderate, and 40 mild illnesses, with cost-effectiveness, rapid protection, low eligibility threshold, premium waiver benefit, and optional benefits. The series has served over 310,000 customers, paying out more than RMB 527 million across 2,096 claims. The average age of customers is 32 years old, with 68.2% between 26 and 35. Huize aims to develop cost-effective products across various sectors and maximize customer lifetime value to drive returns for shareholders.
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Huize Holding Ltd

Nasdaq:HUIZ

HUIZ Rankings

HUIZ Stock Data

30.71M
445.25M
15.39%
0.45%
Insurance Agencies and Brokerages
Finance and Insurance
Link
China
Shenzhen

About HUIZ

Huize Holding Limited (NASDAQ: HUIZ) is a leading digital insurance product and service platform for new generation consumers in China.