New York, June 1, 2026, 04:15 (EDT)
Huize Holding Limited (NASDAQ: HUIZ) was last at $1.42 in premarket quotes Monday, putting the China-based insurance tech firm down 49.4% for 2026 after opening the year at $2.81. Volume stayed light, with just 16,437 shares trading in the last quoted session. MarketBeat pegged the company’s market cap at about $14.36 million.
Markets stayed open. Regular New York equity trading hours are 9:30 a.m. to 4:00 p.m. EDT. Nasdaq says the next full closing for U.S. equities is Juneteenth, June 19.
Why now? The share price hasn’t kept up with the company’s reported operating numbers. There was no fresh company news over the weekend. Huize’s investor-relations page lists the May 20 first-quarter operating metrics as its most recent update.
Huize bulls got something to work with after the latest update. The company said first-year premiums hit RMB1.11 billion in Q1, up from RMB730.4 million last year. Gross written premiums, which counts all premiums before any deductions, reached RMB1.77 billion versus RMB1.44 billion, and new customers increased to 506,000 from 389,000.
Renewal premiums slipped to RMB611.2 million from RMB706.8 million. Huize kept strong persistency ratios, with 97.2% at 13 months and 98.9% at 25 months — both measures of how much business stuck around.
Huize’s stock still faces pressure as growth hasn’t yet delivered consistently cleaner earnings. In March, Huize posted 2025 revenue of RMB1.58 billion, net profit attributable to common shareholders at RMB4.0 million, and non-GAAP net profit at RMB22.6 million. The non-GAAP number excluded share-based compensation in this report.
Founder and CEO Cunjun Ma said 2025 should bring “another year of encouraging results” and noted that would be the “third consecutive year of non-GAAP profitability.” Ma linked ongoing cost discipline to AI, saying that artificial intelligence tools had helped improve the expense-to-income ratio.
Peer signals are mixed. Waterdrop Inc, a U.S.-listed Chinese insurance and healthcare firm, posted a 43.5% jump in 2025 net operating revenue, with insurance income up 51.3%. Digital insurance distribution is still expanding, but Waterdrop is much bigger in size.
Huize’s near-term setup looks tight. Investors are sizing up a pickup in new-policy sales and more new customers, set against weaker renewal premiums, a thin profit base, and a stock that can whip around on light trading.
But the risks are clear. If renewals keep lagging, or if getting new customers gets pricier, or if first-year premiums don’t pick up, Huize’s premium growth may be too slow to boost GAAP profit in the way investors want. There’s also very little trading volume, so the stock can move a lot on small news.
