CHINA PACIFIC INSURANCE (GROUP) CO., LTD
SSE or SZSE Delayed Price. Currency in CNY
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|Company Name||CHINA PACIFIC INSURANCE (GROUP) CO., LTD|
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- Jan 10 , 2018
China’s First Professional Science and Technology Insurance Firm Starts Operations to Support InnovationThe science and technology insurance company subordinate to China Pacific Insurance (Group) started operations yesterday, which marks China’s first enterprise offering professional science and technology insurance services.
- Dec 5 , 2017
Investors Will Put USD1.9 Billion Into Aluminum Corporation of China Units via Debt-to-Equity SwapsAluminum Corporation of China Ltd. [SHA:60160] (Chalco) will introduce eight investors to pump USD1.9 billion (CNY12.6 billion) into its four wholly-owned subsidiaries through debt-to-equity swaps, easing financial pressure.
- Dec 1 , 2017
China Pacific Insurance to Invest at Least USD15 Billion in Xiong'an New AreaChina Pacific Insurance to Invest at Least USD15 Billion in Xiong'an New Area. Shanghai-based insurance giant Chinese Pacific Insurance (Group) Co. [SHA:601601] plans to invest between CNY100 billion (USD15.13 billion) and CNY150 billion (USD22.70 billion) in Xiong'an New Area, located in China’s northern Hebei Province, encompassing the firm’s life insurance, asset management and endowment insurance divisions, China Securities reported yesterday.
- Oct 20 , 2017
Baidu Finance Unit Takes Over Insurance Broker in HeilongjiangA financial platform run by Chinese Internet giant Baidu Inc. [NASDAQ:BIDU] has bought out an insurance broker based in Northern China's Heilongjiang province in a bid to improve its presence in the sector.
- Sep 14 , 2017
Country Garden Denies Bidding for AXA Wealth Management Service in Hong KongChinese real estate developer, Country Garden Holdings Co. [HKG:2007], denied rumors suggesting it is bidding for Hong Kong-based wealth management service of AXA SA [EPA:CS], an international insurance giant in France.
- Sep 14 , 2017
Chalco, China Pacific Insurance to Set Up USD1.5 Billion Debt Investment PlanAluminum Corporation of China Ltd. [SHA:601600;HKG:2600;NYSE:ACH], the world’s second-largest alumina maker and better known as Chalco, has signed a strategic cooperation agreement with China Pacific Insurance Group Co. [SHA:601601] to set up a debt investment plan worth up to USD1.53 billion (CNY10 billion).
- Sep 6 , 2017
Huawei Will Digitally Transform China Pacific InsuranceChina Pacific Insurance (Group) Co. (CPIC) [SHA:601601] has struck an agreement with telecom equipment giant Huawei Technologies Co. in Shanghai to extend their cooperation in such areas as data centers, artificial intelligence (AI) and digital security to digitally transform its insurance business.
- Sep 1 , 2017
Chinese Car-Sharing Platform Completes C+ Financing Led by Guohe CapitalAtzuche, a Shanghai-based peer-to-peer car rental startup, has completed its C+ financing, led by Shanghai Guohe Modern Service Industry Equity Investment Management Co., a branch of Shanghai International Group Co. and China’s largest private equity investor in the modern services sector. The amount of funding was not disclosed.
- Aug 18 , 2017
Chalco Posts 10-Fold First-Half Net Profit Growth as State-Owned Institutions Increase ShareholdingAluminum Corporation of China Ltd. [SHA:601600, HKG:2600, NYSE: ACH], the world’s second-largest alumina maker better known as Chalco, saw record first-half income and profit since the global financial crisis in 2008, according to the semi-annual report it published yesterday.
- Aug 11 , 2017
Chinese Insurers Start Emergency Measures to Support Earthquake VictimsMore than 30 Chinese insurance companies have taken emergency measures, such as setting up expedited claim channels, helping with disaster relief and offering special coverage after earthquakes hit the country’s Sichuan and Xinjiang provinces.