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Fanhua Inc (FANH.OQ)

FANH.OQ on NASDAQ Stock Exchange Global Select Market

28.50USD
20 Aug 2019
Change (% chg)

$-1.50 (-5.00%)
Prev Close
$30.00
Open
$30.03
Day's High
$30.12
Day's Low
$28.47
Volume
242,627
Avg. Vol
137,795
52-wk High
$35.54
52-wk Low
$19.39

Latest Key Developments (Source: Significant Developments)

Fanhua Reports First Quarter Diluted Net Income Per ADS Of $0.39
Thursday, 23 May 2019 

May 22 (Reuters) - Fanhua Inc ::FANHUA REPORTS FIRST QUARTER 2019 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE ROSE 15.2 PERCENT TO RMB 971.7 MILLION.QTRLY DILUTED NET INCOME PER ADS RMB 2.62.QTRLY DILUTED NET INCOME PER ADS $0.39.QTRLY TOTAL PERSONAL INSURANCE PREMIUMS IN CHINA REACHED RMB 1.3 TRILLION, WITH AN INCREASE OF 18.0% YEAR-OVER-YEAR.EXPECTS OPERATING INCOME TO GROW BY NO LESS THAN 20% YEAR-OVER-YEAR FOR Q2 OF 2019.  Full Article

Fanhua Announces Us$200 Million Share Repurchase Program
Tuesday, 12 Mar 2019 

Fanhua Inc ::FANHUA ANNOUNCES US$200 MILLION SHARE REPURCHASE PROGRAM.FANHUA INC - COMPANY'S MANAGEMENT INTENDS TO LAUNCH REPURCHASE ON MARCH 13, 2019.FANHUA INC - "ON TRACK TOWARDS A SUSTAINABLE PROFIT GROWTH".FANHUA INC - "MANAGEMENT REMAIN CONFIDENT ABOUT COMPANY'S GROWTH OUTLOOK".FANHUA INC - TO EXECUTE REPURCHASE OF UP TO US$200 MILLION OF ITS ADSS BY DECEMBER 31, 2019.  Full Article

Fanhua Announces Framework Agreement For Strategic Cooperation With Ping An Health
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Fanhua Inc ::FANHUA ANNOUNCES FRAMEWORK AGREEMENT FOR STRATEGIC COOPERATION WITH PING AN HEALTH.FANHUA INC -UNIT SIGNED A FRAMEWORK AGREEMENT FOR STRATEGIC COOPERATION WITH PING AN HEALTH INSURANCE COMPANY OF CHINA, LTD. ON DEC 14, 2018.FANHUA INC - PARTIES INTEND TO DEEPEN COOPERATION WITH EACH OTHER ON CUSTOMIZATION AND DISTRIBUTION OF MEDICAL INSURANCE PRODUCTS.  Full Article

Fanhua Reports Third Quarter 2018 Unaudited Financial Results
Wednesday, 21 Nov 2018 

Nov 20 (Reuters) - Fanhua Inc ::FANHUA REPORTS THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS AND DECLARES QUARTERLY DIVIDEND OF US$0.25 PER ADS.Q3 REVENUE FELL 26.2 PERCENT TO RMB 783.9 MILLION.EXPECTS ITS OPERATING INCOME TO BE NO LESS THAN RMB80.0 MILLION FOR Q4.QTRLY DILUTED NET INCOME PER ADS RMB3.00.  Full Article

Fanhua Expands Share Purchase Program
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Fanhua Inc ::FANHUA EXPANDS SHARE PURCHASE PROGRAM.FANHUA - MAXIMUM NUMBER OF SHARES TO BE PURCHASED WILL BE INCREASED FROM INITIAL ROUND OF US$20 MILLION WORTH OF ADSS TO 6.5 MILLION ADSS.  Full Article

Fanhua Q2 Revenue Fell 3 Pct To RMB 972.1 Mln
Tuesday, 21 Aug 2018 

Aug 20 (Reuters) - Fanhua Inc ::FANHUA REPORTS SECOND QUARTER AND FIRST HALF 2018 UNAUDITED FINANCIAL RESULTS AND DECLARES QUARTERLY DIVIDEND OF US$0.25 PER ADS.Q2 REVENUE FELL 3 PERCENT TO RMB 972.1 MILLION.QUARTERLY DILUTED NET INCOME PER ADS US$0.40.  Full Article

Fanhua Inc Files For Resale Of Up To 3.0 Mln ADSS
Friday, 29 Jun 2018 

June 29 (Reuters) - Fanhua Inc ::FANHUA INC FILES FOR RESALE OF UP TO 3.0 MILLION ADSS REPRESENTING 66,000,000 ORDINARY SHARES - SEC FILING.  Full Article

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