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

16:15

Tether CEO Responds to FUD: Tether Q3 Group Equity Close to $30 Billion, with U.S. Treasury Bonds Generating Approximately $500 Million in Monthly Net Income

16:15

Ethereum's Net Supply in the Last 30 Days Has Increased by 77,380 ETH

15:15

Rayls will have its TGE on December 1st

15:15

Ethereum developers are preparing for the Fusaka upgrade on December 3rd.

14:45

Hasset: Would Be Honored to Serve as Federal Reserve Chair if Nominated by Trump

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]