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An update from PICC Property & Casualty Co ( (HK:2328) ) is now available.
PICC Property & Casualty Company Limited announced that Ms. Li Ling, previously elected as the company’s employee director subject to approval by the National Financial Regulatory Administration (NFRA), has been elected as a member of the Board’s Audit Committee, with her Audit Committee term aligned to the duration of the sixth Board session. Her qualification as a director remains contingent on NFRA approval, indicating that while the company is moving ahead with strengthening its audit and oversight functions, her full assumption of board responsibilities still depends on regulatory clearance.
The most recent analyst rating on (HK:2328) stock is a Hold with a HK$19.00 price target. To see the full list of analyst forecasts on PICC Property & Casualty Co stock, see the HK:2328 Stock Forecast page.
More about PICC Property & Casualty Co
PICC Property & Casualty Company Limited is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, operating in the property and casualty insurance sector. The company is governed by a board comprising a non-executive chairperson, executive directors and independent directors, reflecting a typical governance structure for a major Chinese financial institution.
YTD Price Performance: 40.65%
Average Trading Volume: 29,434,417
Technical Sentiment Signal: Buy
Current Market Cap: HK$369.2B
For an in-depth examination of 2328 stock, go to TipRanks’ Overview page.