The People's Insurance Co (Group) of China Ltd Class H
01339: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <.r | LOCK|GXv | LOCK|#lthk@> |
PICC Group Earnings: Broad-Based Improvement in Profit; Valuation Raised 35%
PICC Group's interim net profit rose 14% year on year, driven by respective 39% and 50% growth in the P&C and health insurance segments, while life insurance fell 30% on rising underwriting costs.
