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People’s Insurance VP Under Investigation, Operations Unaffected

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People’s Insurance VP Under Investigation, Operations Unaffected

TipRanks Cyber Monday Sale

People’s Insurance Co (Group) of China ( (HK:1339) ) just unveiled an update.

The People’s Insurance Company (Group) of China Limited announced that its Vice President, Mr. Yu Ze, is under investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission for suspected serious violations of discipline and law. Despite the investigation, the company has stated that its management and operations remain unaffected.

The most recent analyst rating on (HK:1339) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on People’s Insurance Co (Group) of China stock, see the HK:1339 Stock Forecast page.

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 in China, providing a range of insurance products and services. The company operates with a focus on the Chinese market, offering services that cater to the diverse needs of its clientele.

YTD Price Performance: 87.33%

Average Trading Volume: 41,719,697

Technical Sentiment Signal: Buy

Current Market Cap: HK$403.2B

See more insights into 1339 stock on TipRanks’ Stock Analysis page.

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