PICC Property and Casualty jumps on robust earnings estimate

PICC Property And Casualty

14/04/2025 03:34

** Shares of PICC Property and Casualty 2328.HK jump 6% to HK$14.38, on track for the biggest one-day rise since October 2, 2024

** Stock reaches the highest since April 7 and is on course for the second session of gains; among top 10 gainers on the index tracking financials stocks .HSCIF, which is up 2.6%

** The Chinese property and casualty insurance group expects its Q1 net profit to jump 80%-100% y/y

** Hang Seng Finance Index .HSNF rises 2.5%, Hang Seng Index .HSI climbs 2.3%

** Stock up 16% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))