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The latest update is out from People’s Insurance Co (Group) of China ( (HK:1339) ).
The People’s Insurance Company (Group) of China Limited announced an estimated net profit increase for the first quarter of 2025, projecting a rise of 30% to 50% compared to the previous year. This growth is attributed to strategic reforms and innovations, improved underwriting performance, and significant investment returns, reflecting the company’s alignment with national strategies and its focus on high-quality development.
More about People’s Insurance Co (Group) of China
The People’s Insurance Company (Group) of China Limited is a major player in the insurance industry, offering a range of insurance products and services. The company focuses on aligning with national strategies and economic needs, continuously improving its insurance product supply and service system, optimizing its business structure, and enhancing business quality.
YTD Price Performance: 6.60%
Average Trading Volume: 10,000
Technical Sentiment Signal: Strong Sell
Current Market Cap: $36.13B
See more insights into 1339 stock on TipRanks’ Stock Analysis page.