Chinese insurer Fanhua tumbles on Q4 revenue miss

AIFU

13/03/2018 11:17

** Fanhua shares  FANH.O  plunge 21.2 pct premarket to
$25.51 after Q4 revenue comes in well below consensus
    ** Second-biggest pct loser among Nasdaq-listed shares in
premarket
    ** Revenue nearly halved during quarter hurt by 88 pct
decrease in its property & casualty insurance business
 urn:newsml:reuters.com:*:nGNX8yBHKr  urn:newsml:reuters.com:*:nASC09RWV
    ** Shares scaled nearly 50 pct YTD

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))