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China Pacific Insurance Gains Regulatory Nod for New Independent Director as Jiang Xuping Retires

Story Highlights
  • Regulators approved Wong Hin Wing as an independent director of China Pacific Insurance.
  • Independent director Jiang Xuping retired without disagreements, supporting governance continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Pacific Insurance Gains Regulatory Nod for New Independent Director as Jiang Xuping Retires

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An announcement from China Pacific Insurance (Group) Co ( (HK:2601) ) is now available.

China Pacific Insurance (Group) Co., Ltd. has received regulatory approval from the National Financial Regulatory Administration for the appointment of Mr. Wong Hin Wing as an independent non-executive director, with his term effective from 22 January 2026 and lasting until the end of the company’s 10th board. The group also announced the concurrent retirement of independent non-executive director Mr. Jiang Xuping, who leaves without disagreement with the board, marking a planned refresh of the company’s independent oversight while maintaining governance continuity for shareholders and creditors.

The most recent analyst rating on (HK:2601) stock is a Buy with a HK$46.00 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 major Chinese insurance group listed in Hong Kong, operating in the financial services and insurance industry. The company provides a broad range of life, property and casualty, and other insurance-related products and services to retail and institutional customers, with a focus on the mainland China market and international investors through its Hong Kong listing.

YTD Price Performance: 5.11%

Average Trading Volume: 17,147,930

Technical Sentiment Signal: Buy

Current Market Cap: HK$424.5B

For a thorough assessment of 2601 stock, go to TipRanks’ Stock Analysis page.

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