The People's Insurance Co (Group) of China Ltd Class H
01339: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|j@ | LOCK|j? | LOCK|Dkb&bl |
PICC Group Earnings: Life New Business Value Grows Robustly; Investment Income Better Than Peers
PICC Group's first-quarter net profit rose 43% year on year, driven by 93% and 60% growth in the property-casualty and health insurance segments, while life insurance profit fell 4% on rising bond yields.
