Fanhua Details Plan To Go Global, Expand Into High-Tech Healthcare [Seeking Alpha]
Fanhua Inc. - American depositary shares, each representing 20 ordinary shares (FANH)
Last fanhua inc. - american depositary shares, each representing 20 ordinary shares earnings: 3/18 04:55 pm
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Fanhua co-founder Hu Yinan and chief strategy officer Ben Lin will step down as co-chairmen. Fanhua made a few acquisitions in the past year in its attempt to re-ignite growth, but has yet to find big success. Fanhua Inc NASDAQ: FANH ) will use up to $500 million in new investment from Singapore's White Group on acquisitions to boost its telehealth and medical robot capabilities as it diversifies beyond its core Chinese insurance brokerage business, the company said on Tuesday. Fanhua and White Group signed a framework agreement for the investment of up to $500 million earlier this month. White Group also pledged to invest up to $500 million in Fanhua's majority-owned asset management company Puyi Inc. PUYI ). Such investment would be a major boost to both companies, which each had market values below $400 million at that time. Fanhua's stock rose nearly 15% on Tuesday after the latest announcement , but gave back most of that the next day. The latest announcement didn't cont
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High impacting Fanhua Inc. - American depositary shares, each representing 20 ordinary shares news events
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FANH
News
- Fanhua Inc. (NASDAQ: FANH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- FANHUA Files Annual Report on Form 20-F on April 29, 2024 and Announces Adoption of Semi-annual Financial Results Reporting Schedule [Yahoo! Finance]Yahoo! Finance
- FANHUA Files Annual Report on Form 20-F on April 29, 2024 and Announces Adoption of Semi-annual Financial Results Reporting ScheduleGlobeNewswire
- Fanhua Inc. (NASDAQ: FANH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fanhua Inc. (NASDAQ: FANH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
FANH
Sec Filings
- 4/30/24 - Form 6-K
- 4/29/24 - Form 20-F
- 3/20/24 - Form 6-K
- FANH's page on the SEC website