1508.HK - China Reinsurance (Group) Corporation

HKSE - HKSE Delayed Price. Currency in HKD
1.270
+0.020 (+1.60%)
As of 2:05PM HKT. Market open.
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Previous Close1.250
Open1.260
Bid1.260 x 0
Ask1.270 x 0
Day's Range1.250 - 1.280
52 Week Range1.200 - 1.830
Volume2,529,608
Avg. Volume6,709,150
Market Cap53.949B
Beta (3Y Monthly)0.58
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.04 (2.78%)
Ex-Dividend Date2019-06-25
1y Target EstN/A
All
News
Press Releases
  • The Hanover Insurance Group, Inc. Announces Agreement to Sell Chaucer for Total Proceeds of $950 million
    PR Newswire

    The Hanover Insurance Group, Inc. Announces Agreement to Sell Chaucer for Total Proceeds of $950 million

    WORCESTER, Mass., Sept. 13, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (THG) today announced it has entered into a definitive agreement to sell the entities comprising Chaucer, its Lloyd's-focused international specialty business, to China Reinsurance (Group) Corporation ("China Re"), for total proceeds of $950 million, including cash consideration from China Re of $865 million and a pre-signing dividend from Chaucer of $85 million, received in the second quarter of this year. The transaction will position The Hanover to continue the successful expansion of its domestic business, building out its strategic capabilities for its partners and customers. The transaction is anticipated to close late this year or in the first quarter of next year, subject to regulatory approvals and other customary closing conditions.

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