China Reinsurance (Group) Corp. Class H (HK:1508) has released an update.
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China Reinsurance (Group) Corp. Class H has announced a projected increase in net profit for the first half of 2024, estimating a substantial rise of 150% to 200% compared to the same period in 2023. This surge is attributed to the company’s strategic focus on expanding business scale, enhancing underwriting profits, and making prudent investments. Shareholders and potential investors are cautioned to exercise prudence when dealing in the company’s shares, as these are preliminary figures and have not been audited or reviewed.
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