China Pacific Insurance Company

Last updated
China Pacific Insurance (Group)
  • China Pacific Insurance
  • China Pacific Insurance Company
  • CPIC
Native name
中国太平洋保险(集团)股份有限公司
FormerlyChina Pacific Insurance Corporation
Company type Public
IndustryFinancial services
Founded1991;33 years ago (1991)
Headquarters,
Area served
China
Key people
Kong Qingwei(chairman & executive director)
Huo Lianhong(executive director) [1]
Zhang Yuhua(deputy president)
ServicesLife and non-life insurance
RevenueIncrease2.svg CN¥247.0  billion  (2015)
Increase2.svg CN¥24.3 billion (2015)
Increase2.svg CN¥17.8 billion (2015)
Total assets Increase2.svg CN¥923.8 billion (2015)
Total equity Increase2.svg CN¥133.3 billion (2015)
Owner
Central Government of China(23.05%)
Shanghai Government(21.33%)
China Securities Finance(2.36%)
Website cpic.com.cn
Footnotes /references
in a consolidated basis [2]

Listings

Its A shares were listed on the Shanghai Stock Exchange on December 25, 2007, with IPO price 30 yuan per share. At the first trading day, its share price closed at 48.17 yuan, 61% more than its IPO price. [7] It is planning to issue H shares in the Hong Kong Stock Exchange in near future. [8] CPIC dropped below the IPO price of RMB¥30 on 26 March 2008 and closed at RMB¥27.98. [9]

Its H shares were listed on the Hong Kong Stock Exchange on 23 December 2009 with IPO price of HK$28 per share. [10]

Shareholders

As of 31 December 2015:

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References

  1. "ANNOUNCEMENT ON CESSATION OF PRESIDENT" (PDF). China Pacific Insurance. 22 August 2017. Retrieved 29 August 2017 via Hong Kong Stock Exchange.
  2. "2015 Annual Report" (PDF). China Pacific Insurance. archive of Hong Kong Stock Exchange. 27 April 2016. Retrieved 20 October 2016.
  3. Profile of China Pacific Insurance (Group) Co., Ltd [ permanent dead link ]
  4. China Pacific Insurance Releases Prospectus for A-share IPO
  5. Summary of China Pacific Insurance Group
  6. "Stocks". www.bloomberg.com. Retrieved 2019-03-05.
  7. China Pacific Insurance jumps 61 percent in Shanghai debut
  8. "China Pacific sounds out market for H-share IPO". Archived from the original on 2008-08-25. Retrieved 2008-03-09.
  9. China Pacific Insurance falls below IPO price [ permanent dead link ]
  10. HK shares may rise; China Pacific debut eyed
China Pacific Insurance (Group) Co., Ltd.
Simplified Chinese 中国太平洋保险(集团)股份有限公司
Traditional Chinese 中國太平洋保險(集團)股份有限公司