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China Reinsurance (Group) Corp. Class H ( (HK:1508) ) has issued an announcement.
China Reinsurance (Group) Corporation has announced the proposed abolishment of its Board of Supervisors, with the functions and powers being transferred to the audit committee of the Board. This change is subject to approval at the shareholders’ general meeting and aims to streamline corporate governance in line with regulatory requirements, potentially impacting the company’s operational oversight and stakeholder engagement.
The most recent analyst rating on (HK:1508) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Reinsurance (Group) Corp. Class H stock, see the HK:1508 Stock Forecast page.
More about China Reinsurance (Group) Corp. Class H
China Reinsurance (Group) Corporation is a joint stock limited liability company incorporated in the People’s Republic of China, operating in the reinsurance industry. The company focuses on providing reinsurance services and is listed on the Hong Kong Stock Exchange under the stock code 1508.
Average Trading Volume: 37,006,122
Technical Sentiment Signal: Buy
Current Market Cap: HK$67.54B
Learn more about 1508 stock on TipRanks’ Stock Analysis page.