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Mainland Insurance Companies are under pressure, New China Life Insurance (02628) fell by 4.82%, it is reported that the mainland will lower the guaranteed interest rate for life insurance products in the next season.
Golden Watch | Mainland Insurance Companies are under pressure. As of the time of writing, New China Life Insurance (01336) has dropped 4.82%, China Life Insurance (02628) has fallen 4.67%, CHINA TAIPING (00966) has decreased by 4.34%, Ping An Insurance (02318) has declined by 4.21%, and China Pacific Insurance (02601) has decreased by 4.18%. According to media reports citing an industry insider, the upper limit for the preset interest rate of newly filed regular insurance products is expected to decrease from 2.5% to 2%; the upper limit for the preset interest rate of newly filed participating insurance products is expected to be adjusted down from 2% to 1.5%; the minimum guarantee for newly filed universal insurance products is under consideration.
Ping An Health (1833.HK): A proposed offer to acquire 6.283 billion Hong Kong dollars, what is the value behind the distribution of more than 10 billion Hong Kong dollars in dividends?
Ping An Insurance intends to offer 6.283 billion Hong Kong dollars to acquire Ping An Health.
Ping An Healthcare and Technology Shareholder to Make Offer for Purchase of Shares Issued Under Scrip Dividend
Express News | Ping an Healthcare and Technology - Among New Shares, 699 Mln New Shares Will Be Allotted and Issued to Glorious Peace
Express News | Ping an Healthcare and Technology - Possible Mandatory Unconditional Cash Offers by UBS for and on Behalf of Glorious Peace
CITIC Lyon: The strong performance of China Mainland Banking stocks may continue to be seen as a "safe haven."
Citi believes that the strength of China Mainland Banking is unlikely to end in the short term, and Banks may continue to be viewed as a "safe haven."
