The Zhitong Finance App learned that White Pigeon Online (02672) rose by more than 5%. As of press release, it had risen 5.16% to HK$73.4, with a turnover of HK$26.208 million.
According to reports, as an insurance technology company, White Pigeon Online is mainly engaged in providing technology-enabled insurance intermediary services for scenario partners and insurance companies. According to Insight Consulting data, the size of China's scenario insurance market is expected to reach 164.9 billion yuan in 2029. In 2025, White Pigeon Online is the leading third-party online insurance intermediary, ranking first in this field with a market share of 3.1%. According to the disclosure in the prospectus, White Pigeon Online has a self-developed full-process SaaS application system “White Pigeon e-Insurance”, which covers intelligent insurance, policy management, and claim processing.
Furthermore, CICC pointed out that the Hang Seng Index Company announced the review results on August 21, which coincided with the semi-annual review of the Hang Seng Composite Index. The bank estimates that White Pigeon Online is expected to be included in the Hong Kong Stock Connect list. China Investment Securities International believes that the growth rate of scenario insurance premiums is faster than that of the Internet insurance market, and that long-term scenarios such as takeout, cross-border logistics, and leasing equipment still have sustainable downstream cooperation platforms; in addition, relying on insurance to expand marketing and digital solution services, there is potential for incremental revenue contributions and business transformation.