Lates News

date
12/09/2025
According to Every Smart AI News, Dongwu Securities released a research report on September 12th giving a buy recommendation for China Taiping Insurance (601601.SH). The reasons for the rating mainly include: 1) the company issued a zero-coupon H-share convertible bond with a total principal amount of approximately HK$15.6 billion; 2) this convertible bond is a zero-coupon bond and will mature in 2030; 3) the issuance of this convertible bond will use up 71.8% of the general authorization limit; 4) the issuance of this convertible bond will effectively improve capital strength and support core business development in a cost-effective manner; 5) this is the second case of zero-coupon convertible bond issuance by an insurance company this year. (Daily Economic News)