|Bid||23.500 x 0|
|Ask||23.550 x 0|
|Day's Range||23.400 - 24.100|
|52 Week Range||20.850 - 42.750|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||6.87|
|Forward Dividend & Yield||1.45 (5.90%)|
|Ex-Dividend Date||Jun 01, 2021|
|1y Target Est||39.20|
China Pacific Insurance (Group) Co., Ltd. (the "CPIC" or the "Company"; Stock code: 2601.HK, 601601.SH, CPIC.LSE) celebrates its first anniversary of listing on the London Stock Exchange (the "LSE").
China is tweaking its $1.2 trillion pension system to increase private sector involvement as its population ages rapidly and underfunding looms, but experts say fundamental changes are needed to provide adequate safety nets. The China Banking and Insurance Regulatory Commission (CBIRC), the country's top banking and insurance regulator, said at the weekend that it is expanding a pilot program of private pensions into two more regions - Chongqing and Zhejiang province. And sources with direct knowledge of the matter told Reuters CBIRC is also considering endorsing a list of private pension funds and appointing a group of professional managers to run them under a new scheme.
On 13 May 2021, China Pacific Insurance (Group) Co., Ltd. (the "CPIC", the "Company" or the "Group"; Stock code: 2601.HK, 601601.SH, CPIC.LSE) marks its 30th Anniversary.