MB-PICC@EC2612A

Zhonghua P&T Subsidiary Fastly Settles Wild Animal Harm Incident

Morgan Stanley Downgrades China PICC's Target Price But Maintains Overweight Rating

China PICC Releases 2025 Sustainable Development Report

China PICC's premium income grew by 3.3% to 555.77 billion yuan in 2025

BOA Securities Downgrades PICC's Profit Forecast for 2026-2027

PICC P&C released FY2025 Q3 earnings on March 26 After-Market (BJT), actual revenue HKD 156.17 B, actual EPS HKD 0.3911

PICC P&C released FY2025 9 Months earnings on March 26 After-Market BJT, actual revenue HKD 436.96 B, actual EPS HKD 1.581

China PICC reports full-year net profit of 40.38 billion yuan

PICC P&C released FY2025 Q4 earnings on March 26 Pre-Market (BJT), actual revenue HKD 158.87 B, actual EPS HKD 0.3978

PICC P&C released FY2025 earnings on March 26 Pre-Market (BJT), actual revenue HKD 595.72 B (forecast HKD 578.85 B), actual EPS HKD 1.9837 (forecast HKD 2.1548)

PICC P&C to release FY2025 earnings on March 26 Pre-Market (BJT), forecast revenue HKD 590.03 B, EPS HKD 2.1932

JPMorgan Increases Stake in China PICC to 9.03%

The Capital Group reduces holdings in PICC Property & Casualty by 12.294 million shares

Goldman Sachs Reports on PICC Group and China PICC Management Meetings

Yu Junlong Analyzes China PICC's Stock Chart and Technical Indicators

BlackRock Increases Stake in PICC Property & Casualty to 6.05%

Guotai Haitong Sees Continued Improvement in China PICC's Underwriting Profit

The Capital Group Sells 2.242 Million Shares of PICC Property & Cas

China PICC Responds to Abnormal Share Price Fluctuations and Rumors of Executive Disappearance

CPIC Vice President Yu Ze's Disappearance Will Not Affect PICC's Business Prospects

FINELAND LIVING

GPIXEL

WK GROUP

MAX SIGHT GROUP

I.CENTURY HLDG

HAO BAI INTL

TEAMWAY INTL GP

GEMILANG INTL

DAISHOMICROLINE

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PICC Property & Casualty Sets New Board Lineup and Governance Committees

Tip Ranks

PICC P&C

PICC Property & Casualty Sets New Board Lineup and Governance Committees

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By 2026, PICC Life will leverage new economic growth drivers, focusing on both asset and liability sides to systematically enhance its ability to prevent and mitigate interest margin loss risk, further reducing such risks

- As of the end of 2025, China People's Property Insurance's total assets reached 860.498 billion yuan, marking a 10.6% year-on-year increase.  
- The group reported a net profit of 40.377 billion yuan, up 25.5%, driven by strong revenue across various insurance sectors, with an emphasis on long-term, stable investments in 2026.  
- Additionally, the establishment of a health management subsidiary aims to enhance health insurance through managed care, meeting diverse client needs and reducing claims costs.

Wallstreetcn

PICC Group

PICC GROUP

Asia's Largest Property and Casualty Insurer Holds Earnings Briefing: Discusses High-Dividend Investment Strategy and Addresses Interest Margin Loss Risk

The leadership transition at PICC Group and its core subsidiary PICC P&C has officially begun

- China People’s Insurance Company (CPIC) appointed Zhang Daoming as a member of the party committee and the new secretary of the party committee at CPIC Property and Casualty Insurance.  
- This transition occurs as Zhang, having extensive crisis management experience, takes over amidst frequent executive shifts in the past decade, positioning him as the youngest president among key subsidiaries.  
- CPIC will hold its annual performance conference on March 27, where Zhang is expected to outline the company’s development direction.

PICC P&C's New Leader Appointed: Zhang Daoming, born in the 70s, becomes Party Secretary

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SWIRE PACIFIC A(00019) rose 3.08%, with a trading turnover 314.8 Million HKD, and a year-to-date rose 36%. TME-SW(01698) rose 2.37%, with a trading turnover 35.0 Million HKD, and a year-to-date fell 21.6%. ZIJIN GOLD INTL(02259) fell 7.61%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 28.8%. HUA HONG SEMI(01347) fell 7.37%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 18.4%.

Top Gainers & Losers

SWIRE PACIFIC A

TME-SW

ZTO EXPRESS-W

CNOOC

ZIJIN GOLD INTL

HUA HONG SEMI

MINIMAX-W

MTR CORPORATION

HORIZONROBOT-W

Top 5 HK Stock Gainers/Losers (>100B) (3.13)

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Reuters

China Life

CHINA LIFE

CHINA TAIPING

China plans $29 billion capital injection into biggest insurers, Bloomberg News reports

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Dajia Property Insurance welcomed a "highlight moment" in performance in 2025. On January 27th, Dajia Property Insurance disclosed its solvency report for the fourth quarter of 2025

- In 2025, Dajia Property Insurance reported a significant performance improvement with annual premiums reaching 10.648 billion yuan and a net profit of 137 million yuan, a 439% increase from the previous year.  
- The company successfully reduced its combined loss ratio to 99.83%, reflecting its ability to achieve profitability through underwriting rather than relying solely on investment income.  
- However, despite improved underwriting metrics, its investment returns remain modest, with a total asset of 15.14 billion yuan and a need for enhanced cash flow management, marking 2025 as a critical year for sustainable growth.

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

In 2025, Dajia Insurance's premiums will exceed 10 billion, with net profit surging by 439%

PICC P&C (2328.HK) closed on January 20 with smooth fluctuations throughout the day, and the insurance sector overall remained defensive, with capital flow to the main board being inactive. The company's daily K-line is close to the short-term support at 8.35 yuan, with major players holding cash and waiting, and active buying in the market is scarce. Market sentiment has yet to show signs of warming up, with hot topics being diverted by leading brokerages and banks. At the beginning of the year, several insurance companies announced adjustments to health insurance rates, and industry insiders generally believe this will put pressure on short-term premium growth and industry profitability. Current market conditions show a continued MACD death cross, and the bearish arrangement of moving averages remains unchanged, with buying volume resting at the bottom of the range. Although some institutions believe that the undervaluation of the sector brings marginal attention opportunities, short-term risks should not be underestimated. If negative news re-emerges, the stock price could accelerate its decline towards the 8.35 yuan support, and there may even be technical breakdown space. Investors should continue to observe in the short term, paying attention to intraday capital movements and marginal catalysts from relevant policies. Only if industry expectations reverse, capital flows back, and trading volume expands, could a right-side trading window emerge, while caution is advised against the downside risks brought by a continued weak market

Technical Forecast

Morning Trend | PICC P&C is consolidating with reduced volume, is a big move coming?

On July 11, the three major stock indices in Hong Kong rose together. In terms of sectors, technology stocks rose collectively, and securities and brokerage stocks mostly increased.

CPIC

ZA ONLINE

LAOPU GOLD

POP MART

MIXUE GROUP

GUMING

WUXI APPTEC

WuXi AppTec

AIA Group

LIANLIAN

OSL GROUP

HENGRUI PHARMA

Hengrui Pharma

MAO GEPING

BLOKS

PING AN

Ping An Ins HK SDR2to1

Ping An

Ping An Insurance

CITIC SEC

CITIC Securities Co., Ltd.

EB SECURITIES

EBSCN

WUXI BIO

WuXi Biologics

CHICMAX

XIAOMI-W

Xiaomi HK SDR 2to1

Xiaomi Corporation

AKESO

CHINA EB LTD

GUOTAI JUNAN I

BEONE MEDICINES

BeOne Medicines

Beigene

REMEGEN

RemeGen

LINKLOGIS-W

CICC

Circle

The Hang Seng Index is approaching its highest level in nearly 3 years, with Chinese brokerage, insurance, and stablecoin concept stocks remaining hot!

MB-PICC@EC2612A(28433.HK)

MB-PICC@EC2612A Stock Performance Chart

PICC Property & Casualty Sets New Board Lineup and Governance Committees

Asia's Largest Property and Casualty Insurer Holds Earnings Briefing: Discusses High-Dividend Investment Strategy and Addresses Interest Margin Loss Risk

PICC P&C's New Leader Appointed: Zhang Daoming, born in the 70s, becomes Party Secretary

Top 5 HK Stock Gainers/Losers (>100B) (3.13)

China plans $29 billion capital injection into biggest insurers, Bloomberg News reports