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home / news releases / FANH - Insurance Anyone? Fanhua Struggles To Sell New Policies In Omicron-Hit China


FANH - Insurance Anyone? Fanhua Struggles To Sell New Policies In Omicron-Hit China

  • Fanhua posted a 37% revenue decline and net loss in the first quarter as government efforts to contain the latest Covid-19 outbreaks crippled the Chinese economy.
  • The company plans to pay its latest quarterly dividend in shares of an affiliate, switching from its past practice of paying cash.
  • Fanhua’s valuation shows that investors still have some faith in the company.

For further details see:

Insurance Anyone? Fanhua Struggles To Sell New Policies In Omicron-Hit China
Stock Information

Company Name: Fanhua Inc.
Stock Symbol: FANH
Market: NASDAQ
Website: fanhuaholdings.com

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