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PICC vice president Cai Zhiwei told the insurer's 2026 interim results briefing that PICC's 2021 investment in ChangXin Memory Technologies delivered a return exceeding 20x, calculated using ChangXin's STAR Market IPO closing price on July 27, 2026.

2026-08-31

PICC vice president Cai Zhiwei told the insurer's 2026 interim results briefing that PICC's 2021 investment in ChangXin Memory Technologies delivered a return exceeding 20x, calculated using ChangXin's STAR Market IPO closing price on July 27, 2026. Cai said PICC will maintain a long-term investment approach and that its project pipeline already contains a number of high-quality assets expected to generate strong returns.

Other News
2026-08-31

Bloomberg reports the U.S. Treasury barred reporters from several outlets, including Bloomberg News and the Wall Street Journal, from covering this week’s G20 finance ministers meeting in Asheville, North Carolina.

Bloomberg reports the U.S. Treasury barred reporters from several outlets, including Bloomberg News and the Wall Street Journal, from covering this week’s G20 finance ministers meeting in Asheville, North Carolina.
2026-08-31

Fox News reported Trump said he does not live in fear of being shot despite surviving an assassination attempt and acknowledged the risks of the presidency. He said, "It's a dangerous job; only presidents who make a major impact get shot."

Fox News reported Trump said he does not live in fear of being shot despite surviving an assassination attempt and acknowledged the risks of the presidency. He said, "It's a dangerous job; only presidents who make a major impact get shot."
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