Xinhua Insurance (01336.HK) has been approved to issue up to 10 billion yuan of perpetual capital bonds.

Zhixin Financial News APP, Xinhua Insurance (01336.HK) announced that the company has recently received the approval from the China Banking and Insurance Regulatory Commission regarding the issuance of perpetual capital bonds by New China Life Insurance Co., Ltd. (Approval No. Jin Fu [2026] 337), allowing the company to publicly issue perpetual capital bonds not exceeding RMB 10 billion in the national interbank bond market. The company had previously received the decision letter of administrative licensing from the People's Bank of China (Letter of Allowance for Silver Decision [2025] No. 95), allowing the company to issue perpetual capital bonds in the national interbank bond market.