ZhongAn Online (6060.HK) Hits 52-Week Low on Earnings Drop
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ZhongAn Online (6060.HK) current price $11.640, down -2.68% for the day, hitting a 52-week low, with a market capitalization of 19.7 billion. The company is a leader in financial technology and internet insurance. Net profit in the first quarter fell by 70% year-on-year, with a decline in insurance business revenue, compounded by slowing industry growth and policy changes, putting continued pressure on the stock price
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