Trade PICC Property and Casualty Company Limited - 2328 CFD

Trading Conditions
Spread0.24
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.021963 %
(-HK$0.88)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.021963%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000045 %
(HK$0.00)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000045%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close9.96
Open9.98
1-Year Change10.64%
Day's Range9.88 - 10.02

PICC Property Company profile

About PICC Property & Casualty Co., Ltd.

PICC Property and Casualty Company Limited is principally engaged in the provision of property and casualty insurance products. The Company operates its business through eight segments. The Motor Vehicle segment is engaged in the provision of insurance products covering motor vehicles. The Commercial Property segment is engaged in the provision of insurance products covering commercial properties. The Cargo segment is engaged in the provision of insurance products covering vessels, crafts or conveyances. The Liability segment is engaged in the provision of insurance products covering policyholders' liabilities. The Accidental Injury and Health segment is engaged in the provision of insurance products covering accidental injuries and medical expenses. The Agriculture segment is engaged in the provision of agricultural insurance products. The Others segment mainly represents insurance products related to homeowners and credit. The Corporate segment is engaged in investment activities.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, PICC Property & Casualty Co., Ltd. revenues increased 1% to RMB419.1B. Net income increased 7% to RMB22.36B. Revenues reflect Dividend income increase of 12% to RMB3.38B, Unrealised losses from investments increase from -RMB72M to RMB251M. Net income benefited from Expense Ratio -% Motor Vehicle decrease from 38.5 to -27.2%, Loss Ratio -% Credit & surety insurance increase of 59% to -50.6%.

Equity composition

12/2011, Rights Issue, 1 new share for every 10 shares held @ HKD 5.5 (Factor: 1.048859). 11/2014, Rights Issue, 0.9 new shares for every 10 shares he ld @ 7.46 HKD (Factor 1.039359).