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An announcement from PICC Property & Casualty Co ( (HK:2328) ) is now available.
PICC Property & Casualty Co has announced the full redemption of its 10-year capital supplementary bonds, initially issued in March 2020 for RMB8 billion in the national inter-bank bond market. This strategic financial move reflects the company’s effective management of its financial obligations and could potentially enhance its financial stability and market confidence.
More about PICC Property & Casualty Co
PICC Property & Casualty Co is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. It primarily offers property and casualty insurance products and services, focusing on the Chinese market.
YTD Price Performance: 27.24%
Average Trading Volume: 5,300
Technical Sentiment Signal: Sell
Current Market Cap: $42.12B
See more insights into 2328 stock on TipRanks’ Stock Analysis page.