Taiping Life Insurance Plans 15 Billion Yuan Buyback of Capital Supplementary Bonds

MT Newswires Live06-12

China Taiping Insurance Holdings (HKG:0966) subsidiary Taiping Life Insurance intends to repurchase up to 15 billion yuan of its outstanding capital supplementary bonds issued in 2021 and 2022, a Wednesday filing with the Hong Kong Exchange said.

The proposed buyback has been approved by the relevant regulatory authorities, the filing stated.

Price (HKD): $8.45, Change: $-0.06, Percent Change: -0.71%

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