logo

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

By: theblockbeats.news|2025/08/22 12:32:14

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).

「$125,000 Ethereum Long Position Added to Lending Pool」 Whale added a 25x long position on Ethereum, with an average entry price of $4,262.64
Haycen has obtained a stablecoin issuance license in Bermuda and will launch a stablecoin pegged to the British Pound.

You may also like

Share
copy

Gainers

Latest Crypto News

05:15

Analysis: The market is currently betting that $80,000 is a strong support level, with $100,000 being a strong resistance level.

04:45

Today's Crypto Fear and Greed Index is 28, with market sentiment staying in the "Fear" zone.

04:15

Hyperliquid confirms a total of 1.75 million HYPE tokens have been unlocked for developers and core contributors, worth over $60.4 million.

03:45

「Whale」 Ape Increases Ethereum Long Position to $28.6 Million, Entry Price $2,981.59

03:15

The prices of some Memecoins and Shitcoins have experienced a significant increase, with the MemePenguin coin seeing a 24-hour surge of 50.64%.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]