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.

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.

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2026-08-31

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2026-08-31

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