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China Reinsurance Announces Director Resignation and Compliance Measures

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China Reinsurance Announces Director Resignation and Compliance Measures

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An update from China Reinsurance (Group) Corp. Class H ( (HK:1508) ) is now available.

China Reinsurance (Group) Corporation announced the resignation of Ms. Jiang Bo from her roles as an independent non-executive director and various committee positions due to personal work arrangements. Her departure leaves the company temporarily non-compliant with certain Hong Kong Stock Exchange listing rules regarding board composition, prompting the company to take steps to meet these requirements promptly.

The most recent analyst rating on (HK:1508) stock is a Hold with a HK$0.88 price target. To see the full list of analyst forecasts on China Reinsurance (Group) Corp. Class H stock, see the HK:1508 Stock Forecast page.

More about China Reinsurance (Group) Corp. Class H

China Reinsurance (Group) Corporation is a major player in the reinsurance industry, providing a range of reinsurance services. The company is incorporated in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 26,766,074

Technical Sentiment Signal: Buy

Current Market Cap: HK$56.92B

See more insights into 1508 stock on TipRanks’ Stock Analysis page.

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