Streetbeat News

HUIZ

Huize Holding Limited

https://www.huize.com

Industry

Insurance - Brokers

Huize Holding Limited, together with its subsidiaries, offers insurance brokerage services in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products. It offers its products through internet and mobile internet channels. The company also provides digital and technology development, and Internet information consulting services; and management, marketing, investment, and financial consulting services. Huize Holding Limited was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.

Open

0.80

Mkt cap

39M

Volume

High

0.80

P/E Ratio

13.17

52-wk high

1.20

Low

0.79

Div yield

N/A

52-wk low

0.43

Huize Holding Limited (NASDAQ:HUIZ) has acquired Vietnam's Global Care, marking its first step in global expansion through its new international brand Poni Insurtech. The acquisition aims to replicate Huize's successful digital insurance model in the ASEAN region, starting with Vietnam. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:50 am

Huize has partnered with Picc P&C to launch a customized child outpatient and emergency insurance product. The upgraded version offers optimized reimbursement, expanded coverage, and additional benefits, enhancing cost-effectiveness and product value.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 9:04 am

Huize Holding (NASDAQ:HUIZ) reported a significant decrease in its Q1 adjusted earnings per ADS, dropping from $0.05 to $0.01 year-over-year. Sales also saw a slight decline from $43.52 million to $42.98 million.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:06 pm

Caterpillar Inc. shares fell by 6.6% after missing revenue estimates for Q1 fiscal 2024, despite beating EPS expectations. Other stocks experienced significant movements, with notable gainers including Barfresh Food Group and Safe & Green Holdings, and losers like E-Home Household Service Holdings and Chicken Soup for the Soul Entertainment.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 5:57 pm

U.S. stocks fell sharply with the Dow Jones dropping over 500 points due to U.S. GDP growth missing expectations, growing only 1.6% versus the anticipated 2.5%. Safe & Green Holdings, Barfresh Food Group, and Processa Pharmaceuticals saw significant stock increases, while Hanryu Holdings, Huize Holding, and Chicken Soup for the Soul Entertainment experienced notable declines.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 1:47 pm

Huize Holding has partnered with PICC Life Insurance to launch a new critical illness insurance product, 'i Wu You – Low-Threshold Edition'. This product offers flexible coverage for various illnesses, a relaxed health declaration process, and is available to a wide age range of customers. It also includes value-added services like multi-disciplinary consultation.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:32 am

Huize has partnered with Aviva-COFCO Life Insurance to launch 'Fu Man Jia', a customized participating whole life insurance product. This collaboration aims to expand Huize's product offerings and potentially increase its market share in the insurance sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 10:34 am

Huize Holding Limited (NASDAQ:HUIZ), an insurance technology platform, has announced a partnership with Ruihua Health Assurance to launch 'Darwin Critical Care No.9', a new customized critical illness insurance product in China. This addition to the 'Darwin Critical Care' series, first introduced in 2018, leverages data-driven and AI-powered solutions to connect consumers, insurance carriers, and distribution partners.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 9:01 am

Numerous companies are scheduled to report their quarterly earnings on March 20, 2024, with expectations ranging from significant profits to losses. Notable mentions include BioNTech with projected earnings of $2.64 per share, PDD Holdings expecting $1.60 per share, and Micron Technology anticipated to report a loss of $0.26 per share. The diversity in performance across sectors highlights the varied economic landscape.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:32 am

Huize Holding (NASDAQ:HUIZ) reported a decrease in Q4 sales to $33.24 million, down 11.28% from $37.47 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:07 am

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