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China Reinsurance (Group) Corp. Class H ( (HK:1508) ) just unveiled an announcement.
China Reinsurance (Group) Corporation announced the redemption of RMB4.0 billion capital supplementary bonds by its subsidiary, China Property and Casualty Reinsurance Company Ltd. This strategic move, completed after regulatory filings, reflects the company’s proactive financial management and may enhance its market positioning by optimizing its capital structure.
The most recent analyst rating on (HK:1508) stock is a Buy with a HK$2.00 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 property and casualty reinsurance services. The company focuses on the Chinese market, offering financial solutions and risk management services to its clients.
Average Trading Volume: 22,061,933
Technical Sentiment Signal: Buy
Current Market Cap: HK$70.09B
See more insights into 1508 stock on TipRanks’ Stock Analysis page.