PICC Property and Casualty Co Ltd Class H
02328: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| WP> | LOCK|RR | LOCK|f%&H%MC |
PICC P&C Earnings: Strong Auto and Nonauto Margin Improvement; Shares Undervalued
PICC P&C's interim profit growth rebounded to 32% year on year from a 0.5% contraction in the first quarter, driven by the domestic equity market recovery and an improved combined ratio, or CR.
