China Pacific Insurance (Group) Co Ltd (HKSE:02601)
HK$ 25.7 0.5 (1.98%) Market Cap: 334.82 Bil Enterprise Value: 301.19 Bil PE Ratio: 5.37 PB Ratio: 1.26 GF Score: 58/100
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China Pacific Insurance Group Co Ltd to Discuss New Accounting Standards (Chinese, English) Transcript

Apr 20, 2023 / 08:00AM GMT
Release Date Price: HK$24.2 (+1.68%)
Unidentified Company Representative

Ladies and gentlemen, good afternoon. I'm [Jinghui Chen] from CPIC [broad] office. This is actually what we called in Chinese (foreign language), the summer. So we welcome all of you to this CPIC seminar on the new accounting standards. According to the Ministry of Finance (technical difficulty) we need to implement new accounting standards [January '23], this new standards will have a big impact on the financial statements. (technical difficulty) And we have with us experts on this. Mr. Guan Xiang from Ersnt & Young, for more insights on the new accounting standards. And of course, and represents only his own personal opinion and therefore does not represent the opinion (technical difficulty) or any other institution. First of all, Mr. Guan (technical difficulty), lasting about 70 minutes, and then there will be a Q&A session.

Now let's give the floor to Ms. Gu.

Yue Gu

Good afternoon, everyone. Now I will give you some information around the new accounting standards. But of course, as [Mr. Chen] mentioned, I actually

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