Peoples Insurance Company Group of China Ltd traded at 7.76 this Thursday March 26th, decreasing 0.29 or 3.60 percent since the previous trading session. Looking back, over the last four weeks, Peoples Insurance Company of China lost 9.45 percent. Over the last 12 months, its price rose by 11.33 percent. Looking ahead, we forecast Peoples Insurance Company Group of China Ltd to be priced at 7.55 by the end of this quarter and at 7.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
People''s Insurance Company Group of China Ltd is a holding company that mainly provides insurance products. The Company and its subsidiaries are mainly engaged in property insurance, health insurance, life insurance, reinsurance, Hong Kong insurance, pension insurance and operating insurance business. The property insurance business mainly includes providing property insurance products for companies and individuals, including motor vehicle insurance, agricultural insurance, property insurance and liability insurance. The health insurance business mainly includes health and medical insurance products. The life insurance business mainly includes life insurance products, including dividends, whole life, annuities and universal life insurance products. The Hong Kong insurance business includes property insurance business in Hong Kong, China. The pension insurance business includes business such as enterprise annuities and occupational annuities.