tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Reinsurance Shareholders Approve Special Donation for Hong Kong Tai Po Fire Relief

Story Highlights
  • China Reinsurance shareholders approved a special fund donation supporting Tai Po fire relief.
  • The disaster-relief resolution passed overwhelmingly, reflecting strong governance and shareholder alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Reinsurance Shareholders Approve Special Donation for Hong Kong Tai Po Fire Relief

Claim 70% Off TipRanks Premium

The latest update is out from China Reinsurance (Group) Corp. Class H ( (HK:1508) ).

China Reinsurance (Group) Corporation has secured shareholder approval at its second extraordinary general meeting of 2025 to donate special funds in support of follow-up work relating to the Tai Po fire disaster in Hong Kong. The special resolution was overwhelmingly backed, with more than two-thirds of votes in favour, full board attendance, and no voting restrictions or abstention requirements, underscoring strong governance and broad shareholder alignment around the company’s disaster-relief commitment.

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 leading state-backed reinsurer in China, providing reinsurance and related insurance services across domestic and international markets. Listed in Hong Kong as a Class H share issuer, the group plays a significant role in risk diversification and large-loss coverage for primary insurers, with a strategic focus on serving major catastrophe and specialty risks.

Average Trading Volume: 18,677,414

Technical Sentiment Signal: Buy

Current Market Cap: HK$73.49B

See more data about 1508 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1