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An update from ZhongAn Online P & C Insurance Co., Ltd ( (HK:6060) ) is now available.
ZhongAn Online P & C Insurance Co., Ltd has entered into a Property Framework Agreement with RGMD Group, consolidating and renewing continuing connected transactions related to property leasing and management services. This agreement, necessary for compliance with Hong Kong’s Listing Rules, ensures the provision of office space and property management services to ZhongAn for the next three years. The transaction involves parties connected to a non-executive director, Mr. Yaping Ou, and is subject to disclosure and annual review requirements but is exempt from independent shareholders’ approval due to the percentage ratios involved.
More about ZhongAn Online P & C Insurance Co., Ltd
ZhongAn Online P & C Insurance Co., Ltd is a joint stock limited company incorporated in China that operates in the fintech and property insurance sector. It conducts business in Hong Kong under the name ZA Online Fintech P & C and is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: -4.23%
Average Trading Volume: 2,422
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €2.05B
For an in-depth examination of 6060 stock, go to TipRanks’ Stock Analysis page.
