JPMorgan has released a research report initiating an Overweight rating on ZA ONLINE (06060.HK) -0.500 (-2.404%) Short selling $179.96M; Ratio 8.942% .The broker was upbeat about ZA ONLINE, as a leading online property insurance firm in China, continuing to expand its market share with a technology-driven business model. The growth prospects in the company's underwriting profits were also attractive. Even with macroeconomic headwinds, its solvency and profitability are unlikely to be affected.Related NewsJPM Initiates Coverage on 4 CN Small & Mid-cap Insurers w/ Top Pick CHINA RE (01508.HK)JPMorgan anticipated the Hong Kong government's approval of stablecoin legislation to benefit ZA ONLINE's local digital bank ZA Bank. The broker gave the company a target price of HKD26.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-23 16:25.)