The latest update is out from China Pacific Insurance (Group) Co ( (HK:2601) ).
China Pacific Insurance (Group) Co., Ltd. announced a leadership change at its subsidiary, China Pacific Property Insurance Co., Ltd. (CPIC P/C), with Mr. YU Bin elected as the new chairman, replacing Mr. GU Yue due to age reasons. Mr. YU’s appointment is pending regulatory approval, and he brings extensive experience within the company, having held various senior roles. This change in leadership is expected to influence the strategic direction of CPIC P/C, potentially impacting its market operations and stakeholder relationships.
More about China Pacific Insurance (Group) Co
China Pacific Insurance (Group) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. Its primary services include property insurance, life insurance, and asset management, with a focus on the Chinese market.
YTD Price Performance: 21.67%
Average Trading Volume: 320
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $41.03B
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