China Pacific Insurance (02601) rose more than 4% and, as of press time, was up 4.21%, at HKD 20.05, with a turnover of HKD 141 million.
According to the WiseNews App, China Pacific Insurance (02601) rose over 4% and, as of press time, was up 4.21%, at HKD 20.05, with a turnover of HKD 141 million.
On the news front, according to a Shanghai Securities News exclusive from the industry, some insurance companies will formally stop selling 3.0% increment life insurance on June 30 to comply with the company's risk management requirements, and will launch 2.75% increment life insurance with designated rates for sale on July 1, and the new product has been successfully reported.
In addition, on June 11, southward funds increased their shareholdings of China Pacific Insurance by 1.1999 million shares for five consecutive days. As of the close of that day, Hong Kong stock trading links held a total of 906.2173 million shares of China Pacific Insurance, accounting for 32.64% of the total shares outstanding.