New China Life Insurance Announces Board Resignation

TipRanksDec 3 04:08 ET

New China Life Insurance (01336.HK): Yang Yi resigned as a non-executive director.

Gelonghui, December 3rd丨New China Life Insurance (01336.HK) announced that the board of directors received a resignation letter from director Yang Yi on December 2, 2024. Yang Yi resigned from the positions of non-executive director, and member of the board of directors' global strategy committee and investment committee due to work reasons.

Gelonghui FinanceDec 3 03:55 ET

Hong Kong stocks have shown unusual movement | mainland insurance companies are rising as new regulations on insurance asset risk classification are introduced, which is expected to alleviate market concerns regarding the investment risk of insurance comp

Mainland insurance companies surged, as of the time of writing, china pacific insurance (02601) rose by 4.43%, closing at 25.95 HKD; picc p&c (02328) increased by 3.55%, closing at 12.26 HKD; china life insurance (02628) went up by 3.08%, closing at 15.38 HKD.

Zhitong FinanceDec 3 01:15 ET

HK stock market anomaly | Mainland insurance companies rose at the end of the day. Ping An Insurance (02318) is now up more than 3%. Leading companies may explore overseas asset allocation and business expansion.

Mainland insurance companies rose in late trading. As of the time of this report, New China Life Insurance (01336) is up 4.66%, priced at 23.6 Hong Kong dollars; China Taiping (00966) is up 4.07%, priced at 12.26 Hong Kong dollars; China Life Insurance (02628) is up 4.06%, priced at 14.86 Hong Kong dollars; Ping An Insurance (02318) is up 3.49%, priced at 46 Hong Kong dollars.

Zhitong FinanceNov 27 02:55 ET

November 27 Insurance Daily丨Li Yunze highlights the development of the insurance industry! The insurance industry is in fierce competition for a "good start" in 2025; will dividend insurance be able to return to the center stage?

Nine insurance institutions participated. Li Yunze emphasized that "the insurance industry must deeply grasp the rare historical opportunity". Recently, Li Yunze, the secretary of the party committee and director of the Financial Regulatory Bureau, presided over a symposium on the high-quality development of the insurance industry, listening to relevant opinions and suggestions. Members of the Bureau's party committee, Vice Director Xiao Yuanqi and Cong Lin, also attended the symposium. It is worth mentioning that Li Yunze has recently voiced multiple times around the theme of high-quality development in the insurance industry, reflecting a high level of attention to the insurance industry. On November 21st, at the seventh member congress of the China Insurance Industry Association, Li Yunze emphasized the establishment of a big insurance perspective, highlighting the importance of building a safety net for the economy, a social security net, and a disaster prevention net, and made it clear.

Market newsNov 27 00:56 ET

Under the wave of separating production and sales, exploring the future path of the insurance intermediary industry in china.

Where to go for insurance sales channels in the digital age?

Zhitong FinanceNov 26 03:52 ET