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The latest announcement is out from New China Life Insurance Co., Ltd. Class H ( (HK:1336) ).
New China Life Insurance Company Ltd. secured shareholder approval at its fourth extraordinary general meeting of 2025 to issue domestic undated capital bonds, a move that will bolster its capital base and provide additional long-term funding flexibility. At the same meeting, shareholders overwhelmingly backed amendments to the company’s administrative measures on related-party transactions, reinforcing its governance framework and compliance with regulatory and listing requirements, with more than half of the company’s share capital represented and all resolutions passing with near-unanimous support.
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 Company Ltd. is a major life insurer in mainland China, offering a broad range of life insurance and related financial products to individual and institutional customers. The company is listed in Hong Kong and Shanghai, operates with both A shares and H shares, and plays a significant role in China’s insurance and capital markets.
Average Trading Volume: 13,121,771
Technical Sentiment Signal: Buy
Current Market Cap: HK$221.8B
See more data about 1336 stock on TipRanks’ Stock Analysis page.