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CPIC Expects Subsidiary Solvency to Remain Adequate
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China has entered an era of low interest rates, significantly altering the traditional profit model that relies on interest rate spreads, said Fu Fan, chairman of CPIC (02601.HK). Fu stressed that the industry's competition is shifting from incremental dividends to a stock game, making high-quality development transformation increasingly urgent. Su Gang, CPIC's vice president, CIO, and finance responsible person, expects the solvency of the company's main insurance subsidiaries to remain adequate, effectively addressing external interest rate and capital market uncertainties. AAStocks Financial News |
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