News China22 Dec 2023

Prudential's mainland Chinese venture to increase registered capital to US$680m

| 22 Dec 2023

CITIC-Prudential Life Insurance Company Limited (CPL), a 50-50 joint venture between Prudential Corporation Holdings (PCHL), an indirect wholly-owned subsidiary of Prudential, and CITIC Financial Holdings (CITIC), has announced that CPL's shareholders have approved an increase of its registered capital by CNY2.50bn ($351m).

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