FANH

Fanhua
FANH

$1.08

3.85%

Market Cap: $61.2M

About: Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China.

Employees: 4,664

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.16% less ownership

Funds ownership: 0.42% [Q1] → 0.26% (-0.16%) [Q2]

13% less funds holding

Funds holding: 30 [Q1] → 26 (-4) [Q2]

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

64% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 11

74% less capital invested

Capital invested by funds: $23.1M [Q1] → $5.9M (-$17.2M) [Q2]

99% less call options, than puts

Call options by funds: $1K | Put options by funds: $99K

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Research analyst outlook

We haven’t received any recent analyst ratings for FANH.

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Financial journalist opinion

Based on 4 articles about FANH published over the past 30 days

Fanhua Reports First Half 2024 Unaudited Financial Results

GUANGZHOU, China, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the first half ended June 30, 20241.

Fanhua Reports First Half 2024 Unaudited Financial Results

Fanhua Announces Change to the Board of Directors

GUANGZHOU, China, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announces that it has recently received a resignation letter from Mr. Peh Chin Hua, tendering his resignation from the Board as director and Chairman of the Board for personal reasons. The Board has accepted his resignation, effective immediately. The Board hereby wishes Mr. Peh all the best in his future endeavors.

Fanhua Announces Change to the Board of Directors

Fanhua BluePlus Forming Strategic Partnerships with Shanghai Biotecan Pharmaceuticals

GUANGZHOU, China, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “FANHUA”), a leading independent technology-driven financial services provider in China, today announced that it, through its wholly-owned subsidiary Fanhua BluePlus Health Management Co., Ltd. (“Fanhua BluePlus”) has recently signed a strategic cooperation agreement with Shanghai Biotecan Pharmaceuticals Co. Ltd. (“Biotecan”).

Fanhua BluePlus Forming Strategic Partnerships with Shanghai Biotecan Pharmaceuticals

Fanhua to Announce 2024 First Half Unaudited Financial Results on September 18, 2024

GUANGZHOU, China, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that the Company expects to release its unaudited financial results for the first half of 2024 on September 18, 2024. The Company expects its adjusted EBITDA for the first half of 2024 to be in the range of RMB70 million to RMB80 million.

Fanhua to Announce 2024 First Half Unaudited Financial Results on September 18, 2024

Fanhua Announces Completion of Share Option Cash Exercises by Key Employees

GUANGZHOU, China, July 23, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that all share options previously granted to its key employees by the Board of Directors (the “Board”) have recently been fully exercised through cash payment at an exercise price of US$1.92 per American Depository Share (“ADS”), representing a premium of approximately 21.4% from the Company's closing price on the last trading day prior to the cash exercise. This move not only highlights its key employees' strong confidence in the Company's future development but also demonstrates their commitment to growing with the company and sharing in its success.

Fanhua Announces Completion of Share Option Cash Exercises by Key Employees

Fanhua Ranks 19th Among Best's Review's “Top 20 Global Brokers - 2024 Edition”

GUANGZHOU, China, July 09, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that it has been once again ranked among the Top 20 Global Insurance Brokers, according to the July 2024 edition of Best's Review. With total revenues of $450.5 million in 2023, Fanhua secured the 19th position.

Fanhua Ranks 19th Among Best's Review's “Top 20 Global Brokers - 2024 Edition”

Fanhua, Subsidiary of Highest Performances Holdings Inc., Announces Grant of Share Options to Key Employees

GUANGZHOU, China , July 8, 2024 /PRNewswire/ -- Fanhua Inc. (Nasdaq: FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today announced that its board of directors (the "Board") has recently approved the grant of share options to certain of its key employees. This move is part of the Company's strategy to incentivize key talent and align their interests with the long term success of the Company.

Fanhua, Subsidiary of Highest Performances Holdings Inc., Announces Grant of Share Options to Key Employees

Fanhua, subsidiary of Highest Performances Holdings Inc., Expands its Share Repurchase Program and Announces Management Share Buyback Program

GUANGZHOU, China , July 8, 2024 /PRNewswire/ -- Fanhua Inc. (Nasdaq: FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today announced that its board of directors (the "Board") has authorized the expansion of the Company's share repurchase program by an additional US$20 million, bringing the total authorized amount of share repurchase to US$40 million. The share repurchase program was intended to enhance shareholder returns and signals the Company's confidence in its long-term growth prospects.

Fanhua, subsidiary of Highest Performances Holdings Inc., Expands its Share Repurchase Program and Announces Management Share Buyback Program

Fanhua Announces Grant of Share Options to Key Employees

GUANGZHOU, China, July 08, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that its board of directors (the “Board”) has recently approved the grant of share options to certain of its key employees. This move is part of the Company's strategy to incentivize key talent and align their interests with the long term success of the Company.

Fanhua Announces Grant of Share Options to Key Employees

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