China Pacific Insurance (Group) (OTCMKTS:CHPXF) Stock Price Up 12.1% – Here’s What Happened

Shares of China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) traded up 12.1% during trading on Tuesday . The stock traded as high as $5.10 and last traded at $5.10. 131 shares were traded during mid-day trading, a decline of 99% from the average session volume of 8,767 shares. The stock had previously closed at $4.55.

China Pacific Insurance (Group) Trading Up 12.1%

The firm’s fifty day simple moving average is $4.41 and its 200-day simple moving average is $4.04.

About China Pacific Insurance (Group)

China Pacific Insurance (Group) Co, Ltd. (OTCMKTS: CHPXF), commonly known as CPIC, is one of China’s leading insurance conglomerates, headquartered in Shanghai. Established in 1991, the group operates through two primary subsidiaries: China Pacific Property Insurance Company and China Pacific Life Insurance Company. Together, these entities provide a comprehensive suite of insurance products designed to meet the risk management and financial protection needs of individuals, families and businesses across mainland China.

In the property and casualty segment, CPIC offers a broad range of coverage including automobile, homeowners, liability and commercial insurance lines.