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New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) just unveiled an announcement.
New China Life Insurance Co., Ltd. announced proposed amendments to its Articles of Association and the abolishment of its Board of Supervisors. This move aims to align with the Company Law of China and improve corporate governance. The changes are subject to approval at the shareholders’ general meeting and will take effect upon approval by the National Financial Regulatory Administration. The dissolution of the Board of Supervisors is expected to streamline operations and enhance governance practices.
The most recent analyst rating on (HK:1336) stock is a Sell with a HK$37.90 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 focuses on providing life insurance products and services, catering to a broad market within China.
Average Trading Volume: 17,223,151
Technical Sentiment Signal: Buy
Current Market Cap: HK$181.7B
For detailed information about 1336 stock, go to TipRanks’ Stock Analysis page.