China Life Insurance has been approved to issue up to 35 billion in supplementary capital bonds. The bond issuance scale in the insurance industry this year is nearly 100 billion, yet some insurance companies are still restricted in financing due to low r

China Life Insurance fully redeemed the 2019 issued 35 billion yuan capital bonds on March 22; insurance companies may use low-interest new capital bonds to replace high-interest capital bonds; the raised funds will be used to supplement the company's tier 1 capital and support the continued healthy development of its business.

cls.cnDec 3 08:10 ET

New China Life Insurance Announces Board Resignation

TipRanksDec 3 04:08 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

Statistics on capital trend of Hong Kong Stock Connect (T+2) | November 27.

Zhitong Hong Kong Stock Connect capital trend | November 27

Zhitong FinanceNov 26 18:30 ET