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An announcement from China Reinsurance (Group) Corp. Class H ( (HK:1508) ) is now available.
China Reinsurance (Group) Corporation announced significant leadership changes with the resignation of Mr. He Chunlei as chairman of the board and executive director due to reaching the statutory retirement age. Mr. Zhuang Qianzhi has been appointed as the new chairman of the board, pending approval from the National Financial Regulatory Administration. These changes are expected to influence the company’s strategic direction and operational leadership, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (HK:1508) stock is a Buy with a HK$2.10 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 joint stock limited liability company incorporated in the People’s Republic of China. It operates in the reinsurance industry, providing reinsurance services and products. The company is listed on the Hong Kong Stock Exchange and focuses on strategic and sustainable development within the reinsurance market.
Average Trading Volume: 43,075,692
Technical Sentiment Signal: Buy
Current Market Cap: HK$65.84B
For a thorough assessment of 1508 stock, go to TipRanks’ Stock Analysis page.