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

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

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
08/04 CATHAY FINANCIAL : Alipay (Ant Financial Services) to Acquire 51% Stake in Catha..
07/11 CATHAY FINANCIAL : Credit card transactions surpass NT$200 bil. in May
06/27 CATHAY FINANCIAL HOLDING CO., LTD. : ex-dividend day for annual dividend
06/22 CATHAY FINANCIAL : cuts growth forecast for Taiwan's 2016 GDP to 0.8%
05/24DJCATHAY FINANCIAL : Correction to 'Malaysia's 1MDB and IPIC in Dispute Over Comin..
04/23DJCREDIT MARKETS : 1MDB in Debt-Payment Spat -- WSJ
04/22DJCATHAY FINANCIAL : Malaysia's 1MDB and IPIC in Dispute Over Coming Bond Payment
04/06 RIZAL COMMERCIAL BANKING : Major RCBC stockholders buy more shares
03/19 CATHAY FINANCIAL : set to raise huge funds to fund future expansions
03/18 CATHAY FINANCIAL : to raise huge funds for expansion
More news
Sector news : Life & Health Insurance - NEC
08/26 ALLIANZ : AXA prevails after U.S. trial on excessive fund fees
08/26DJFinance Watch -- WSJ
08/25DJCHINA LIFE INSURANCE : 1st Half Net Profit Falls 67%
08/24DJPOWER FINANCIAL : Putnam Adds Ex-Morgan Stanley Executive Greg Fleming to Board
08/23 NEW CHINA LIFE INSURANCE : Waldorf Astoria owner Anbang plans Hong Kong IPO of l..
More sector news : Life & Health Insurance - NEC
Advertisement
Financials ( TWD)
Sales 2016 506 541 M
EBIT 2016 47 789 M
Net income 2016 43 493 M
Debt 2016 -
Yield 2016 3,97%
P/E ratio 2016 11,42
P/E ratio 2017 10,95
Capi. / Sales 2016 0,98x
Capi. / Sales 2017 1,07x
Capitalization 494 990 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 45,2  TWD
Spread / Average Target 15%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Chang Keng Li President & Director
Yan Ju Chen CFO, Senior Deputy GM & Deputy Spokesman
Tsu Pei Chen Director
Andrew Kuo Independent Director
Tsing Yuan Hwang Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CATHAY FINANCIAL HOLDI..15 641
AXA-28.68%48 837
METLIFE INC-13.32%45 922
PRUDENTIAL PLC-11.59%45 855
PRUDENTIAL FINANCIAL I..-4.72%33 898
AFLAC INCORPORATED21.45%29 797
More Results