Hot China Stocks For 2015: CNinsure Inc.(CISG)
CNinsure Inc., together with its subsidiaries, provides insurance brokerage and agency services, and insurance claims adjusting services in the People?s Republic of China. The company offers property, casualty, and life insurance products underwritten by domestic and foreign insurance companies operating in China. Its property and casualty insurance products include automobile, individual accident, commercial property, homeowner, cargo, hull, liability, and construction insurance; and life insurance products comprise individual whole life insurance, term life insurance, education annuity, and health insurance, as well as universal insurance and group life insurance. The company also offers insurance claims adjusting services, which include pre-underwriting survey, claims adjusting, disposal of residual value, loading and unloading supervision, and consulting services, as well as damage assessment, survey, authentication, and loss estimation to insurance companies and the i nsured; and value-added services to its customers in conjunction with distributing automobile insurance products. As of April 15, 2010, its distribution and service network consisted of 49 insurance agencies, 3 insurance brokerages, and 4 claims adjusting firms, with 571 sales and service outlets. The company was founded in 1998 and is headquartered in Guangzhou, the People?s Republic of China.
Advisors' Opinion:- [By Monica Gerson]
CNinsure (NASDAQ: CISG) is projected to post its Q4 earnings at $0.10 per share.
Ferrellgas Partners LP (NYSE: FGP) is expected to report its Q2 earnings at $0.85 per share on revenue of $722.07 million.
- [By John Udovich]
China is set to ease the one child policy, something that could benefit Chinese stocks in general but be especially beneficial to insurance stocks like China Life Insurance Company Ltd (NYSE: LFC) and CNinsure Inc (NASDAQ: CISG) plus health care stocks like Mindr! ay Medical International Ltd(NYSE: MR) and Concord Medical Services Hldg Ltd (NYSE: CCM). First, lets be clear that China is NOT abolishing the one child policy as the changes will merelyallow married couples to have two children if one spouse is an only child plus it will be up to Chinas 34 province-level administrations to revisetheir laws and put the new policy into effect. Moreover, Chinas family-planning bureaucracy employs more than 500,000 full-time workers and six million part-time workers all the way down to the village level tocollect billions of dollars in fines and these bureaucrats have fought for years against policy changes meaning they could throw up roadblocks if not placated. With that said, the insurance and health care sectors are two sectors with publicly Chinese stocks that look set totake advantage of the coming changes.
- [By Jake L'Ecuyer]
Financial sector was the leading decliner in the US market today. Top losers in the sector included GSV Capital (NASDAQ: GSVC), off 9.3 percent, and Cninsure (NASDAQ: CISG), down around 6.6 percent.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-china-stocks-for-2015-2.html
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