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Lippo China Resources Limited ( (HK:0156) ) has shared an announcement.
Lippo China Resources has secured a US$24.75 million insurance recovery under a corporate liability policy, following a prior settlement paid out by the group. The agreement with the insurers, reached on 13 February 2026, provides for US$9.9 million already advanced and a remaining US$14.85 million to be paid within 14 days.
The company plans to record the total amount as other income from insurance recoveries in its consolidated profit or loss statement for the year ending 31 December 2026. The board believes the arrangement is in the group’s best interests, as it will partially offset the financial impact of the earlier settlement and support the company’s overall financial position.
The most recent analyst rating on (HK:0156) stock is a Hold with a HK$0.87 price target. To see the full list of analyst forecasts on Lippo China Resources Limited stock, see the HK:0156 Stock Forecast page.
More about Lippo China Resources Limited
Lippo China Resources Limited is a Hong Kong-incorporated investment holding company listed on the Stock Exchange of Hong Kong. Through its subsidiaries, the group is engaged in diversified businesses, with its activities overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical listed conglomerate governance structure.
Average Trading Volume: 45,589
Technical Sentiment Signal: Hold
Current Market Cap: HK$845.2M
See more data about 0156 stock on TipRanks’ Stock Analysis page.