The People's Insurance Co (Group) of China Ltd Class H

01339: XHKG (HKG)
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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.

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