China Pacific Insurance (Group) Co Ltd Class H
02601: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p% | LOCK|>< | LOCK|%yLJ>f% |
China Pacific Insurance Earnings: New Business Growth Improves; H-Shares Undervalued
China Pacific Insurance's, or CPIC's, interim net profit and operating profit after tax, or OPAT, grew 10% and 6%, respectively. Its property-casualty insurance combined ratio fell 1.3 percentage points to 95%, reflecting improved underwriting profitability.
