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New China Life Insurance Announces Director Resignation

Story Highlights
  • Mr. MA Yiu Tim resigned as an independent non-executive director after six years.
  • The company will elect a new director, with Mr. MA Yiu Tim maintaining responsibilities until then.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New China Life Insurance Announces Director Resignation

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New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) has shared an announcement.

New China Life Insurance Co., Ltd. announced the resignation of Mr. MA Yiu Tim from his role as an independent non-executive director after serving for six consecutive years. His resignation also includes stepping down from his positions in the Nomination and Remuneration Committee and the Risk Management and Consumer Rights Protection Committee. The company will maintain his directorship responsibilities until a new independent non-executive director is elected and approved by regulatory authorities. The board expressed gratitude for Mr. MA Yiu Tim’s contributions during his tenure.

The most recent analyst rating on (HK:1336) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

More about New China Life Insurance Co., Ltd. Class H

New China Life Insurance Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. The company primarily offers life insurance products and services, focusing on providing financial protection and risk management solutions to its clients.

Average Trading Volume: 13,992,558

Technical Sentiment Signal: Buy

Current Market Cap: HK$199.6B

For detailed information about 1336 stock, go to TipRanks’ Stock Analysis page.

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