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China Reinsurance (Group) Corp is a China-based company which is engaged in reinsurance business. Through its five subsidiaries, China Property & Casualty Reinsurance Company Ltd., China Life Reinsurance Company Ltd., China Continent Property & Casualty Insurance Company Ltd., China Re Asset Management Company Ltd. and Huatai Insurance Agency & Consultant Service Ltd., the Company provides a range of products and services including reinsurance, direct insurance, asset management, insurance brokerage and insurance media service. It was jointly founded by Ministry of Finance of China and Central Huijin Investment Corporation.
Similar to 1508
As of Today at 18:05 UTC, shares in China Reinsurance are trading at HK$0.45. This share price information is delayed by 15 minutes.
Shares in China Reinsurance last closed at HK$0.45 and the price had moved by -3.26% over the past 365 days. In terms of relative price strength the China Reinsurance share price has underperformed the FTSE Developed Asia Pacific Index by -2.2% over the past year.
The overall consensus recommendation for China Reinsurance is Hold. You can view the full broker recommendation list by unlocking its StockReport.
The China Reinsurance dividend yield is 3.31% based on the trailing twelve month period.
Last year, China Reinsurance paid a total dividend of CNY0.01, and it currently has a trailing dividend yield of 3.31%. We do not have any data on when China Reinsurance is to next pay dividends.
We do not have data on when China Reinsurance is to next pay dividends. The historic dividend yield on China Reinsurance shares is currently 3.31%.
To buy shares in China Reinsurance you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of HK$0.45, shares in China Reinsurance had a market capitalisation of HK$18.90bn.
Here are the trading details for China Reinsurance:
- Country of listing: Hong Kong
- Exchange: HKG
- Ticker Symbol: 1508
Based on an overall assessment of its quality, value and momentum China Reinsurance is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in China Reinsurance is HK$0.65. That is 47.16% above the last closing price of HK$0.45.
Analysts covering China Reinsurance currently have a consensus Earnings Per Share (EPS) forecast of CNY0.13 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like China Reinsurance. Over the past six months, its share price has underperformed the FTSE Developed Asia Pacific Index by -19.28%.
As of the last closing price of HK$0.45, shares in China Reinsurance were trading -16.12% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The China Reinsurance PE ratio based on its reported earnings over the past 12 months is 2.53. The shares last closed at HK$0.45.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
China Reinsurance's management team is headed by:
- Linjiang Yuan - CHM
- He Chunlei - PRE
- Qianzhi Zhuang - EDR
- Sau Mei Ng - SEC
- Xiaoyun Zhu - SEC
- Bingquan Li - NED
- Xiaopeng Liu - NED
- Xiaoya Wang - NED
- Ning Wen - NED
- Yansu Hao - NID
- Bo Jiang - NID
- Sanxi Li - NID
- Kam Sheung Mok - NID