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PICC Property & Casualty Co Renews Asset Management Agreements

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PICC Property & Casualty Co Renews Asset Management Agreements

Elevate Your Investing Strategy:

An update from PICC Property & Casualty Co ( (HK:2328) ) is now available.

PICC Property & Casualty Co has renewed its Asset Management Agreements with PICC AMC and PICC Capital, effective from July 1, 2025, to June 30, 2028. These agreements involve PICC AMC and PICC Capital managing the company’s investment assets and subscribing to investment products, with the company paying management fees. The transactions are classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to their size.

The most recent analyst rating on (HK:2328) stock is a Buy with a HK$16.10 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 Co is a joint stock company incorporated in the People’s Republic of China, operating in the insurance industry. It primarily provides property and casualty insurance services and is focused on asset management and investment products through its subsidiaries PICC AMC and PICC Capital.

YTD Price Performance: 26.26%

Average Trading Volume: 33,748,953

Technical Sentiment Signal: Buy

Current Market Cap: HK$344.3B

See more data about 2328 stock on TipRanks’ Stock Analysis page.

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