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Sunshine Insurance Group Announces RMB5 Billion Bond Issuance

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Sunshine Insurance Group Announces RMB5 Billion Bond Issuance

Elevate Your Investing Strategy:

An update from Sunshine Insurance Group Co. Ltd. ( (HK:6963) ) is now available.

Sunshine Insurance Group Co. Ltd. announced that its subsidiary, Sunshine Life, plans to issue undated capital bonds worth up to RMB5 billion in the National Inter-bank Bond Market. This move, approved by regulatory authorities, aims to enhance Sunshine Life’s solvency and support its sustainable business growth.

More about Sunshine Insurance Group Co. Ltd.

Sunshine Insurance Group Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. It primarily provides life insurance services through its subsidiary, Sunshine Life Insurance Corporation Limited.

YTD Price Performance: 19.41%

Average Trading Volume: 6,686,419

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$45.09B

For a thorough assessment of 6963 stock, go to TipRanks’ Stock Analysis page.

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