Simply Wall St sees HKD 7.48 target for The People's Insurance Company stock
Published on 10/16/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and trading position
- Simply Wall St cited a HKD 7.48 central target on October 12, 2026, implying 47.83 percent upside to the HKD 5.06 Hong Kong close.
- Total operating income rose 9.60 percent year over year to RMB 355,169 million in the first half of 2026.
- The People's Insurance Company stock stood at HKD 5.06 at 4:08 p.m. HKT on October 16, 2026, down 1.94 percent on the day on the Hong Kong Stock Exchange.
- The next earnings date is October 31, 2026, and the price-to-earnings ratio was 5.89 as of October 16, 2026.
Simply Wall St cited a central target of HKD 7.48 for The People's Insurance Company (Group) on October 12, 2026. Against the HKD 5.06 Hong Kong close on October 16, 2026, that target is 47.83 percent above the price. The People's Insurance Company stock stood at HKD 5.06 at 4:08 p.m. HKT on October 16, 2026, down 1.94 percent on the day on the Hong Kong Stock Exchange.
Operating income rose 9.60 percent
The insurer's first-half operating picture was stronger than the share-price session. According to Quartr, total operating income reached RMB 355,169 million in the first half of 2026, up 9.60 percent from the same period a year earlier. Investment income was RMB 66,327 million, 62.70 percent higher year over year, while operating cash flow fell 14.60 percent to RMB 63,936 million.
Stock remains above its yearly low
The Hong Kong share price was HKD 5.06 on October 16, 2026, compared with a 52-week range of HKD 4.63 to HKD 7.63. It therefore stood 9.29 percent above the low and 33.69 percent below the high. Trading volume reached 51,871,110 shares, versus an average of 33,309,867 shares, making the session volume 55.72 percent higher than average.
Valuation and October 31 results
The group's market capitalization was HKD 268.8 billion and its price-to-earnings ratio was 5.89 as of October 16, 2026. Its trailing dividend yield was 0.03 percent. Quartr lists October 31, 2026 as the next reporting date for third-quarter results.
The HKD 7.48 central target cited by Simply Wall St was based on a consensus valuation framework. The same analysis put projected 2029 revenue at CNY 672.6 billion and projected earnings at CNY 52.0 billion, figures that frame the target as a long-term valuation reference rather than a short-term trading signal.
Comparison with peers
The People's Insurance Company (Group): plus 0.40 percent, P/E 5.89, market capitalization CNY 335.2 billion
China Life Insurance (Shanghai Stock Exchange, CNY): minus 0.20 percent, P/E 3.94, market capitalization CNY 974.6 billion
China Pacific Insurance (Shanghai Stock Exchange, CNY): minus 0.20 percent, P/E 5.00, market capitalization CNY 282.1 billion
Dates and valuation frame
The October 31, 2026 reporting date is the next scheduled company milestone. The valuation comparison also leaves investors with two separate reference points: the HKD 7.48 central target and a price-to-earnings ratio of 5.89.
Trading position in Hong Kong
The Hong Kong share price was HKD 5.06 at 4:08 p.m. HKT on October 16, 2026, down 1.94 percent on the day on the Hong Kong Stock Exchange.
The People's Insurance Company (Group) stock facts
- Company: The People's Insurance Company (Group) of China Limited
- ISIN: CNE100003F27
- Ticker: 1339
- Primary exchange: Hong Kong Stock Exchange
- Price Hong Kong Stock Exchange (as of October 16, 2026, 4:08 p.m. HKT): HKD 5.06
- Daily change: minus 1.94 percent on October 16, 2026
- Market capitalization: HKD 268.8 billion (as of October 16, 2026)
- 52-week range: HKD 4.63-7.63 (as of October 16, 2026)
- Sector / Industry: Financials / Insurance
- Next earnings date: October 31, 2026
Market context: Market report Shanghai Composite.
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