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The latest update is out from China Reinsurance (Group) Corp. Class H ( (HK:1508) ).
China Reinsurance (Group) Corporation has announced an update to its final cash dividend for the year ended December 31, 2024. The dividend is set at RMB 0.05 per share, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.095441. The ex-dividend date is July 2, 2025, and payment is scheduled for August 22, 2025. The announcement also details withholding tax arrangements for non-resident shareholders, which vary based on tax treaties between their country of domicile and China. This update reflects the company’s commitment to shareholder returns and may influence investor sentiment and market positioning.
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 operates within the reinsurance industry, providing a range of reinsurance services. The company focuses on offering financial protection and risk management solutions to insurance companies, thereby playing a crucial role in the broader insurance market.
Average Trading Volume: 30,258,225
Technical Sentiment Signal: Buy
Current Market Cap: HK$53.1B
See more insights into 1508 stock on TipRanks’ Stock Analysis page.