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New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) just unveiled an announcement.
New China Life Insurance Company Ltd., a leading Chinese life insurer listed in Hong Kong, focuses on providing life insurance and related financial protection services across mainland China and Hong Kong.
The company has obtained approval from China’s National Financial Regulatory Administration for amendments to its Articles of Association, including the formal abolition of its board of supervisors following shareholder approval at its third extraordinary general meeting in 2025. With the amended Articles now in effect, the Rules of Procedures of the Board of Supervisors have been cancelled and four supervisors—Liu Debin, Yu Jiannan, Wang Zhongzhu and Liu Chongsong—have stepped down, all confirming they have no disagreements with the company or issues requiring shareholder attention. The move reflects an adjustment to New China Life’s corporate governance structure in line with updated regulations and its own governance practices, and formalizes a new oversight framework under the revised Articles of Association.
The most recent analyst rating on (HK:1336) stock is a Buy with a HK$72.00 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 Company Ltd. is a major life insurer incorporated in the People’s Republic of China and listed in Hong Kong, providing life insurance products and related financial protection services to customers in mainland China and the Hong Kong market.
Average Trading Volume: 10,630,271
Technical Sentiment Signal: Buy
Current Market Cap: HK$251.2B
See more data about 1336 stock on TipRanks’ Stock Analysis page.