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CNPC Capital Company Limited (000617.SZ)
| Previous close | 6.05 |
| Open | 5.99 |
| Bid | 5.86 x 0 |
| Ask | 5.87 x 0 |
| Day's range | 5.85 - 6.00 |
| 52-week range | 4.91 - 9.89 |
| Volume | |
| Avg. volume | 97,526,423 |
| Market cap | 74.209B |
| Beta (5Y monthly) | 0.80 |
| PE ratio (TTM) | 16.31 |
| EPS (TTM) | 0.36 |
| Earnings date | N/A |
| Forward dividend & yield | 0.12 (1.99%) |
| Ex-dividend date | 11 Jul 2023 |
| 1y target est | N/A |
- Reuters
UPDATE 2-Italy's Generali spends $108 mln to grow China non-life insurance business
Italy's biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108 million). Generali said it planned to expand its distribution network in China and bet in particular on green business insurance to tap into the country's ambition to reach carbon neutrality by around 2060. The acquisition of a 51% stake in Generali China Insurance (GCI) follows CNPC Capital's decision, it disclosed in November, to launch a public tender for its stake in its partnership with the Italian insurer.
ReutersItaly's Generali spends $108 million to grow China non-life insurance business
MILAN (Reuters) -Italy's biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108 million). Generali said it planned to expand its distribution network in China and bet in particular on green business insurance to tap into the country's ambition to reach carbon neutrality by around 2060. The acquisition of a 51% stake in Generali China Insurance (GCI) follows CNPC Capital's decision, it disclosed in November, to launch a public tender for its stake in its partnership with the Italian insurer.
