Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
PICC Property & Casualty Co ( (HK:2328) ) just unveiled an update.
PICC Property & Casualty has named Zhang Daoming as its new president, subject to regulatory approval by the National Financial Regulatory Administration, and elected him to the board’s Strategic Planning/Sustainable Development Committee. Zhang, 50, currently serves as temporary responsible officer, executive director and responsible financial officer, and brings extensive experience from senior roles across the group’s compliance, risk management and major provincial branches.
His term on the board committee begins on April 29, 2026 and will run through the end of the sixth board session, while his presidential term will start once regulatory clearance is obtained, underscoring the importance of regulatory oversight in China’s insurance sector. The appointment consolidates leadership at a key operating subsidiary of PICC Group and signals continuity in strategy and governance, with no disclosed related-party or shareholding conflicts that might concern minority investors.
The most recent analyst rating on (HK:2328) stock is a Buy with a HK$20.50 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., Ltd. is a leading non-life insurer in mainland China, offering a broad range of property and casualty insurance products. The company focuses on the Chinese market through an extensive provincial branch network and is part of The People’s Insurance Company (Group) of China, which is listed in Hong Kong and Shanghai.
Average Trading Volume: 33,893,123
Technical Sentiment Signal: Buy
Current Market Cap: HK$313.6B
Learn more about 2328 stock on TipRanks’ Stock Analysis page.