News China29 Mar 2024

Regulatory reform & declining interest rates drag down CITIC Prudential Life's 2023 profits

| 29 Mar 2024

CITIC Prudential Life (CPL), which is Prudential's 50-50 joint venture in mainland China, saw new business profit fall by 40% reflecting both lower volumes and adverse economic impact, Prudential says in a media release on its 2023 financial results.

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