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CCG

Cheche Group Inc.

https://www.chechegroup.com

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Cheche Group Inc. operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. The company was founded in 2014 and is headquartered in Beijing, China. Cheche Group Inc. operates as a subsidiary of Prime Impact Cayman, LLC.

Open

0.90

Mkt cap

68M

Volume

108K

High

0.91

P/E Ratio

-0.63

52-wk high

10.00

Low

0.87

Div yield

N/A

52-wk low

0.56

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Cheche Group (CCG), F&G Annuities & Life (FG), Crawford (CRD), Primerica (PRI), Arch Capital Group (ACGLN), and American Coastal (ACIC). Losers included Hippo Holdings (HIPO), Waterdrop (WDH), Abacus Life (ABL), SelectQuote (SLQT), SiriusPoint (SPNT), and Intl General Insurance (IGIC).

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:40 pm

Cheche Group Inc. (NASDAQ:CCG) has expanded its partnership with Xpeng, Inc. (NYSE:XPEV) to provide insurance services for Xpeng's EVs in ten cities. Xpeng's robust sales growth, with August's G6 deliveries exceeding 7,000 units, has been accompanied by Cheche's sophisticated insurance service platform. The partnership has established a new growth model for Xpeng and integrated opportunities for Cheche's digital insurance services.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 1:07 pm

Several stocks experienced significant movement in Wednesday's mid-day session. ShiftPixy, Inc. (NASDAQ:PIXY) shares jumped 152.8% after announcing the effective date for its reverse stock split. SciSparc Ltd. (NASDAQ:SPRC) gained 120.9% as it reported its 1-for-26 reverse share split is expected to be implemented after market close. Rite Aid Corporation (NYSE:RAD) climbed 44% following a substantial settlement agreement of $230 million by consulting firm McKinsey & Company related to opioid addiction lawsuits. On the other hand, Sharps Technology, Inc. (NASDAQ:STSS) fell 31.6% after reporting a $5.6 million registered direct and private placement priced at the market under Nasdaq rules.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 4:48 pm

Cheche Group Inc. (NASDAQ:CCG) shares traded lower amid volatility following the company's business combination with Prime Impact Acquisition. The stock has been volatile since it began trading on the Nasdaq Stock Market under the ticker symbol 'CCG' on Sept. 18, with shares down 17.98% at market close Monday.

Portfolio Pulse from Ryan Gustafson

September 25, 2023 | 9:24 pm

Cheche Group shares are experiencing volatility and trading lower following the company's business combination with Prime Impact Acquisition last week.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 7:46 pm

Several stocks experienced significant price movements in Friday's mid-day session. MicroAlgo Inc. (MLGO) shares jumped 74% after unveiling a new algorithm to boost research institutions' performance. Lifezone Metals Limited (LZM) reported a H1 loss of $16.77 per share but still gained 27.4%. Mondee Holdings, Inc. (MOND) approved a $30 million share repurchase program, causing its shares to rise by 20%. On the other hand, Neptune Wellness Solutions Inc. (NEPT) shares dipped 45.7% after announcing a $4.5 million public offering. Flux Power Holdings, Inc. (FLUX) fell 15.1% following weaker-than-expected quarterly sales.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 6:22 pm

Several US stocks traded higher on Friday, with notable gains recorded by Lifezone Metals Limited, Cheche Group Inc., Anterix Inc., Canopy Growth Corporation, Amprius Technologies, Inc., Kingsoft Cloud Holdings Limited, indie Semiconductor, Inc., UP Fintech Holding Limited, Alector, Inc., Beneficient, Standard Lithium Ltd., Alibaba Group Holding Limited, and Applied Digital Corporation. Factors contributing to the gains include business combinations, successful collaborations, share repurchase programs, stock offerings, and upcoming stock exchange debuts.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 2:46 pm

US stocks traded slightly higher with the Nasdaq Composite gaining around 50 points. The S&P Global manufacturing PMI rose to 48.9 in September from 47.9 in the prior month, beating market estimates of 48. MicroAlgo Inc. (NASDAQ:MLGO), Cheche Group Inc. (NASDAQ:CCG), and Avalo Therapeutics, Inc. (NASDAQ:AVTX) saw significant gains, while Neptune Wellness Solutions Inc. (NASDAQ:NEPT), Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS), and FLJ Group Limited (NASDAQ:FLJ) experienced drops.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 2:22 pm

Cheche Group's shares are experiencing increased volatility following its business combination with Prime Impact Acquisition I. The company also announced a successful, ongoing collaboration with Li Auto.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 1:26 pm

Cheche Group is driving growth through collaboration with top NEV players, including Li Auto. The company's leadership in the digitization of auto insurance has been recognized in a recent iResearch report.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:02 pm

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