CHINA RE (01508) announced that its subsidiary, China Property & Casualty Reinsurance Company Limited, recently 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. The issuance of these capital supplementary bonds by the subsidiary will help further enhance its solvency capability and support the stable and healthy development of its business operations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.