@Bunifa Latif:$China Pacific Insurance (Group) Co., Ltd.(601601)$ $China Pacific Insurance Group Co Ltd(CHPXF)$  Focus on higher quality growth China Pacific (CPIC) is the third largest player in both life and property & casualty (P&C) segments in China. CPIC generated about two thirds of net earned premiums from life insurance and about a third from P&C. Looking ahead, we expect its life new business value (NBV) growth will need time to see a gradual recovery given the challenging environment from the pandemic remains, which has impacted the industry’s new policy sales momentum and agency force. Valuations however have reflected much of the concerns over a more modest growth outlook and negati