Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BofAS Adds PICC GROUP's TP to HKD7; 1H Growth Steady
Recommend 5 Positive 13 Negative 4 |
||||
|
||||
|
PICC GROUP (01339.HK)'s 1H25 net profit increased by 14% YoY, according to a report from BofA Securities. The company's premiums grew steadily, with property and casualty insurance business rising by 4% YoY, and the combined expense ratio dropping to 94.8%. The value of new business in life insurance also climbed by 27% YoY to RMB8.8 billion. BofA Securities elevated its target price for PICC GROUP by 7% from HKD6.6 to HKD7 and reiterated a Neutral rating. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
