Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Cathay Financial Holding Co., Ltd.    2882   TW0002882008

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Cathay Financial Holding Co., Ltd. : Cathay Financial : China Grants Life Insurance Unit QFII License

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/01/2012 | 11:33am CEST

Cathay Financial Holding Co. (2882.TW) said Thursday that China has granted its life-insurance unit a qualified foreign institutional investor license, which will allow it to invest in yuan-denominated stocks and bonds in China.

The unit will need to seek separate approval from China for an investment quota under the QFII license.

Cathay Financial's asset-management unit secured a quota of US$100 million as a QFII investor in December.

-By Aries Poon, Dow Jones Newswires; 886-2-25022557; aries.poon@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CATHAY FINANCIAL HOLDING C
07/03 CATHAY FINANCIAL HOLDING CO., LTD. : ex-dividend day for annual dividend
06/21 CATHAY FINANCIAL : Survey finds support for 'forward-looking' plan lacking
05/26 CATHAY FINANCIAL : Scotiabank selling its Malaysian unit to Cathay Financial
05/26 CATHAY FINANCIAL : Taiwan's Cathay Financial units to buy Bank of Nova Scotia's ..
04/18 CATHAY FINANCIAL : Consumer confidence up in April
03/29 CATHAY FINANCIAL : Apple Pay to kick off in Taiwan this week
02/02 CITIGROUP : Raises USD240 Million in Offering of International Bonds Due 2047
02/02 CITIGROUP : Raises USD340 Million in Offering of International Bonds Due 2047
01/18 CATHAY FINANCIAL : class A shares soar on TWSE debut
2016 CATHAY FINANCIAL : raises 2017 growth forecast
More news
Financials ( TWD)
Sales 2017 549 289 M
EBIT 2017 54 394 M
Net income 2017 49 800 M
Debt 2017 -
Yield 2017 3,84%
P/E ratio 2017 12,67
P/E ratio 2018 12,33
Capi. / Sales 2017 1,22x
Capi. / Sales 2018 1,19x
Capitalization 667 890 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 53,6  TWD
Spread / Average Target 9,2%
EPS Revisions
Managers
NameTitle
Chang Keng Li President & Director
Hong Tu Tsai Chairman
Yan Ju Chen Chief Financial Officer & Deputy Spokesman
Tsu Pei Chen Director
Tsing Yuan Hwang Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CATHAY FINANCIAL HOLDING CO., LTD.22 152
AXA5.40%71 688
PRUDENTIAL12.69%62 115
METLIFE2.13%58 886
PRUDENTIAL FINANCIAL INC8.34%48 283
MANULIFE FINANCIAL CORP.5.32%40 341