Edition:
India

Fanhua Inc (FANH.OQ)

FANH.OQ on NASDAQ Stock Exchange Global Select Market

35.23USD
22 Jun 2018
Change (% chg)

$1.73 (+5.16%)
Prev Close
$33.50
Open
$33.50
Day's High
$35.26
Day's Low
$33.38
Volume
42,663
Avg. Vol
88,676
52-wk High
$38.21
52-wk Low
$8.21

Latest Key Developments (Source: Significant Developments)

Fanhua Reports Q1 Revenue Fell 36.8 Pct To RMB 843.3 Mln
Tuesday, 22 May 2018 

May 21 (Reuters) - Fanhua Inc ::FANHUA REPORTS FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS AND DECLARES QUARTERLY DIVIDEND OF US$0.25 PER ADS.Q1 REVENUE FELL 36.8 PERCENT TO RMB 843.3 MILLION.QTRLY DILUTED NET INCOME PER ADS $0.32.  Full Article

Fanhua qtrly ‍diluted net income per ADS RMB 1.77​
Tuesday, 21 Nov 2017 

Nov 20 (Reuters) - Fanhua Inc ::Fanhua reports third quarter 2017 unaudited financial results and declares quarterly dividend.Q3 revenue fell 9.6 percent to RMB 1.1 billion.Fanhua Inc qtrly ‍diluted net income per ADS RMB 1.77​.Fanhua Inc - expects its operating income to be no less than RMB60.0 million for four quarter of 2017​.Fanhua Inc - ‍on November 19, 2017, Fanhua's board declared a quarterly dividend of US$0.01 per ordinary share, or US$0.20 per ADS​.  Full Article

Fanhua announces spin-off of its P&C insurance subsidiaries
Saturday, 28 Oct 2017 

Oct 27 (Reuters) - Fanhua Inc :Fanhua announces spin-off of its P&C insurance subsidiaries.Fanhua - to sell equity interests in Fanhua Times Sales & Service and its P&C insurance units for total consideration of about RMB222 million​.Fanhua Inc- ‍starting Oct. 1, co will no longer charge insurance companies commissions, pay commissions to sales agents for P&C insurance business​.Fanhua Inc - ‍impact on its operating profit and net profit should be limited from deal​.Fanhua-Due to transition, expects substantial decline in total revenues and commission costs, while gross margin is expected to improve significantly​.Fanhua - ‍to sell equity interests in fanhua times sales & service and its P&C insurance units to Beijing Cheche Technology​.  Full Article

CNinsure reports Q2 earnings per ADS of $0.08
Friday, 19 Aug 2016 

Cninsure Inc - : CNinsure reports second quarter and first half 2016 unaudited financial results . Q2 revenue RMB 850.9 million . Basic and diluted net income per ADS were RMB0.53 (US$0.08) and RMB0.51 (US$0.08) for Q2 of 2016 . Sees Q3 2016 revenue up about 40 percent . Total net revenues were RMB1,066.1 million (US$160.4 million) for Q2 of 2016, representing an increase of 58.6% from RMB672.1 million .Qtrly interest income was RMB1.8 million (US$0.3 million) for Q2, representing a decrease of 88.9% from RMB16.5 million for corresponding period in 2015.  Full Article