PICC Property and Casualty Insurance President Yu Zechuan has been taken away for investigation. Domestic media: Various reports have not stopped
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The Vice President of PICC Group and President of PICC Property and Casualty, Yu Ze, has been taken away for investigation. Although the authorities have not officially announced it, the news has been confirmed by multiple sources. As a result, the stock prices of PICC Group and PICC Property and Casualty fell by 5.39% and 2.72%, respectively. In recent years, PICC Property and Casualty has faced multiple regulatory penalties, and former President Lin Zhiyong and former Supervisory Board Chairman Zhang Xiaoli have also been investigated. The specific reasons for Yu Ze's investigation and the details of the case are yet to be disclosed
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