UBS Raises Ping An Good Doctor's Target Price to Reflect Long-Term Stablecoin/Cryptocurrency Opportunity

By: theblockbeats.news|2025/08/22 20:32:14
0
Share
copy

BlockBeats News, August 22: UBS released a research report stating that ZhongAn Online's after-tax net profit in the first half of the year increased 11 times year-on-year to 668 million RMB, reaching 68% of the market's full-year profit forecast for the company. The combined ratio improved by 2.3 percentage points to 95.6% compared to the same period last year, possibly exceeding market expectations. The insurance business has moved away from losses. Therefore, ZhongAn Online's target price has been raised from 13.1 Hong Kong dollars to 22.3 Hong Kong dollars to reflect the long-term stablecoin/cryptocurrency opportunity, policy benefits in the stock market, and rolling valuation (aastocks).

-- Price

--

You may also like

Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX

Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.

How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX

Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.

From OKX to Bybit, exchanges are changing tires on the highway at high speed

In the current context of tightening global regulations, if one can directly enter the market with a partner that has already established a compliance system, obtaining federal license endorsement, the credibility of a listed company, and access to banking cooperation channels, the cost is merely gi...

A Brief History and Future of Perpetual Contracts

Decentralized perpetual contract exchanges, such as Hyperliquid, are replacing traditional derivatives with structural advantages, becoming trillion-dollar financial platforms that attract global assets.

AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief

Agent infrastructure for the economy is forming faster than anyone expected

IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer

The power system is being asked to perform a task it was not designed to do.

Popular coins

Latest Crypto News

Read more