PICC Property and Casualty Co Ltd Class H
02328: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Wz | LOCK|kt | LOCK|<%L@?! |
PICC P&C Earnings: Underwriting Beat Offsets Investment Drag; Non-Auto Margin Expansion Ahead
PICC P&C's nine-month net profit fell 36% year on year on weak equity market returns. The combined ratio, or CR, improved 0.3 percentage points to 95.8%.
