China Reinsurance Reshapes Company Secretarial and Governance Roles

China Reinsurance (Group) Corp. Class H ( (HK:1508) ) just unveiled an announcement.

China Reinsurance (Group) Corporation has announced changes to its company secretarial roles, with Ms. Ng Sau Mei stepping down as joint company secretary and authorised representative due to work arrangements, while confirming no disagreement with the board. The company has appointed Mr. Cao Shunming and Ms. Chung Man Nar Mona as new joint company secretaries, with Ms. Chung, an experienced corporate governance professional, also becoming the authorised representative.

Mr. Cao, who currently serves as Assistant President, Chief Risk Officer and Chief Compliance Officer, will assume the joint company secretary role once a waiver is granted by the Hong Kong Stock Exchange to address formal qualification requirements. These moves consolidate governance and compliance responsibilities under seasoned legal and governance executives, signalling a continued emphasis on regulatory compliance, corporate governance standards, and stability in the company’s leadership structure for investors and other stakeholders.

The most recent analyst rating on (HK:1508) stock is a Hold 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 leading Chinese reinsurance group listed in Hong Kong, operating in the insurance and reinsurance industry. The group focuses on providing risk management, reinsurance, and related compliance and catastrophe risk services in the People’s Republic of China and international markets.

YTD Price Performance: -1.79%

Average Trading Volume: 16,900,931

Technical Sentiment Signal: Buy

Current Market Cap: HK$70.09B

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