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China Pacific Insurance (Group) Co ( (HK:2601) ) just unveiled an update.
China Pacific Insurance (Group) Co., Ltd. has successfully completed the issuance of zero-coupon convertible bonds worth HK$15,556,000,000, with the listing on the Hong Kong Stock Exchange expected to be effective on 19 September 2025. The proceeds from this issuance will be used to develop the company’s insurance business, implement strategic initiatives in health services, AI, and internationalization, and for general corporate purposes, including supplementing working capital.
The most recent analyst rating on (HK:2601) stock is a Buy with a HK$40.50 price target. To see the full list of analyst forecasts on China Pacific Insurance (Group) Co stock, see the HK:2601 Stock Forecast page.
More about China Pacific Insurance (Group) Co
China Pacific Insurance (Group) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. The company focuses on providing insurance services and is expanding into strategic areas such as health services, elderly care, artificial intelligence, and international markets.
Average Trading Volume: 23,286,083
Technical Sentiment Signal: Buy
Current Market Cap: HK$356.9B
For a thorough assessment of 2601 stock, go to TipRanks’ Stock Analysis page.