CNinsure Inc Stock News

Fanhua (FANH) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising ea

Fanhua (FANH) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising ea

GUANGZHOU, China, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the re

GUANGZHOU, China, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that,

Fanhua (FANH) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Fanhua (FANH) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Fanhua (FANH) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates co

Fanhua (FANH) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates co

GUANGZHOU, China, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that i

GUANGZHOU, China, Dec. 16, 2021 (GLOBE NEWSWIRE) -- The board of directors (the Board) of Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that with immediate effect, Mr. Yinan Hu (Mr. Hu), founder and a director of the Company, has been appointed by the Companys Board to be its chairman and chief executive officer, filling the vacancy left by the resignation of Mr. Chunlin Wang (Mr. Wang). Mr. Wang has informed the Board that his resignation is due to his personal reasons.

GUANGZHOU, China, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that i

GUANGZHOU, China, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors has received a preliminary non-binding proposal letter dated December 16, 2021, from a consortium (the Consortium) led by Mr. Yinan Hu, founder and a director of the Company, to acquire all of the outstanding ordinary shares of the Company not already owned by the Consortium for $9.8 per American Depositary Shares (ADS), or $0.49 per ordinary share in a going private transaction, (the Proposed Transaction), subject to certain conditions. The price represents a premium of approximately 10.2% to the closing price of the Company''s ADS on December 15, 2021. Mr. Hu currently beneficially owns approximately 18.6% of the Companys outstanding ordinary shares.

The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The post Fanhua Inc (FANH): Price Down $-0.05 (-0.55)% Over Past Day, Down $-0.05 (-0.55)% Over Past Hour appeared first on ETF Daily News .

Equities research analysts forecast that Fanhua Inc. (NASDAQ:FANH) will announce earnings per share of $0.19 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Fanhuas earnings. Fanhua posted earnings of $0.20 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 5%. []

Shares of Fanhua Inc. (NASDAQ:FANH) dropped 3.2% during mid-day trading on Tuesday . The company traded as low as $10.85 and last traded at $10.85. Approximately 420 shares were traded during trading, a decline of 100% from the average daily volume of 105,197 shares. The stock had previously closed at $11.21. Separately, Zacks Investment Research []