China Re (01508) Shareholder Transfers Shares from HSBC to CITIC Lyon Securities, Transfer Value Reaches HK$4.36 Billion

Stock News
Oct 15

According to the latest data from the Hong Kong Stock Exchange, on October 14, a shareholder of China Re (01508) transferred shares from HSBC Bank to CITIC Lyon Securities, with a transfer value of HK$4.36 billion, representing 4.18% of the company's shares.

China Re recently announced that its subsidiary, China Property & Casualty Reinsurance Company Ltd. (China P&C Re), has received regulatory approval to publicly issue 10-year callable capital supplementary bonds in the national interbank bond market, with an issuance scale not exceeding RMB 4 billion.

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