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China Pacific Insurance Group Co Ltd (601601.SS)

601601.SS on Shanghai Stock Exchange

27.10CNY
22 Jul 2016
Change (% chg)

¥-0.35 (-1.28%)
Prev Close
¥27.45
Open
¥27.35
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¥27.55
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¥26.95
Volume
5,425,608
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¥30.50
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¥18.80

Latest Key Developments (Source: Significant Developments)

China Pacific Insurance says HY gross premium income of China Pacific Life Insurance was RMB82.23 bln<601601.SS>
Thursday, 14 Jul 2016 05:23am EDT 

China Pacific Insurance Group Co Ltd <601601.SS>: Gross premium income of China Pacific life insurance for the period between 1 January 2016 and 30 June 2016 were RMB82.234 billion .  Full Article

China Pacific Insurance Group says elected Yu Yeming as chairman of fourth session of Board of CPIC AMC<601601.SS>
Wednesday, 15 Jun 2016 07:38am EDT 

China Pacific Insurance Group Co Ltd <601601.SS>: Announcement change in chairman of pacific asset management co., ltd., subsidiary of China Pacific Insurance Group Co. Ltd. <2601.HK> . Huo Lianhong, executive director and president of co, ceased to serve as chairman of board of directors of CPIC AMC . Says election of Yu Yeming as the chairman of the fourth session of the board of CPIC AMC .  Full Article

China Pacific Insurance's units posts Jan-May premium income
Monday, 13 Jun 2016 07:00am EDT 

China Pacific Insurance Group Co Ltd <601601.SS><2601.HK> :Says units' Jan-May premium income at 110.1 billion yuan ($16.72 billion).  Full Article

China Pacific Insurance Group issues clarifcation on media reports<2601.HK><601211.SS><601601.SS>
Sunday, 12 Jun 2016 07:46pm EDT 

China Pacific Insurance Group Co Ltd <601601.SS>: Still focuses on key business of insurance and pursues the business philosophies of continuous sustainable growth in value . Notes certain news articles entitled "China Pacific Insurance Financial Group's strategy on upgrading has commenced" . CPIC property is currently in negotiation with Baidu Penghuan in relation to proposed establishment of a joint stock property insurance co . Company is currently in preliminary exploratory discussions with Guotai Junan Securities Company Limited regarding this matter . As of now, no definitive agreement has been reached . China Pacific Insurance is preparing to establish a Hong Kong subsidiary on life insurance . Proposed establishment of a Hong Kong subsidiary by China Pacific Life Insurance is still at the stage of making an application .  Full Article

China Pacific Insurance Group unit to set up JV
Wednesday, 8 Jun 2016 01:43am EDT 

China Pacific Insurance Group <601601.SS> Co., Ltd.: Says it unit to set up JV in Shanghai with Beijing-based asset management co . Says the JV will be mainly engaged in motor vehicle insurance business .Says it unit to invest no less than 1 billion yuan, to hold no less than 50 percent in the JV.  Full Article

China Pacific Insurance (Group) subsidiary to subscribe shares of Anxin Agricultural Insurance
Wednesday, 27 Apr 2016 08:00pm EDT 

China Pacific Insurance (Group) Co Ltd:Says it a property insurance subsidiary to subscribe 200 mln shares of Anxin Agricultural Insurance Co., Ltd. , for 398,057,100 yuan.The subsidiary to hold 51.348 pct in the Anxin Agricultural Insurance up from 34.34.  Full Article

China Pacific Insurance (Group) announces 2015 dividend payment
Sunday, 27 Mar 2016 08:00pm EDT 

China Pacific Insurance (Group) Co Ltd:To use undistributed profits to pay cash dividend of one yuan per share (before tax) to shareholders for 2015.  Full Article

China Pacific Insurance (Group) sees 2015 net profit to rise 60 pct above I/B/E/S estimate
Tuesday, 26 Jan 2016 07:00pm EST 

China Pacific Insurance (Group) Co Ltd:Sees 2015 net profit to rise about 60 pct.2014 net profit was 11.049 billion yuan.Says increased investment income is the main reason.2015 reported net profit of 16,648.38 million yuan – Thomson Reuters I/B/E/S.  Full Article

China Pacific Insurance (Group) issues H1 2015 net profit outlook
Monday, 20 Jul 2015 08:00pm EDT 

China Pacific Insurance (Group) Co Ltd:Sees net profit outlook for H1 of 2015 to increase about 63 pct.Says the net profit of H1 2014 was 6.848 bln yuan.Comments that increased investment income is the main reason for the forecast.  Full Article

China Pacific Insurance (Group) Co Ltd gives H1 2015 outlook
Monday, 20 Jul 2015 09:36am EDT 

China Pacific Insurance (Group) Co Ltd:Expects the unaudited accounts for H1 2015 will record a significant increase of about 63 pct as compared to that of 6.848 billion Yuan in net profit and basic earnings per share of 0.76 Yuan for H1 2014.  Full Article