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China Reinsurance (Group) Corp. Class H ( (HK:1508) ) just unveiled an update.
China Reinsurance (Group) Corporation has announced proposed amendments to its Articles of Association to align with the new Company Law of the People’s Republic of China and updated regulatory requirements. These changes include the removal of the Board of Supervisors, with its functions being transferred to the audit committee, and adjustments to the responsibilities of the chief compliance officer. The amendments are pending approval by the shareholders and the insurance regulatory authority, and aim to streamline corporate governance and compliance processes.
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, primarily engaged in the reinsurance industry. The company focuses on providing reinsurance services and operates within the regulatory framework of the Chinese market.
Average Trading Volume: 38,660,496
Technical Sentiment Signal: Buy
Current Market Cap: HK$67.54B
For detailed information about 1508 stock, go to TipRanks’ Stock Analysis page.