PICC Property and Casualty stock fell 3.37 percent at October 16 close

Published on 10/17/2026 at 19:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target was HKD 16.96 from 22 ratings on October 16, 2026. PICC Property and Casualty stock closed at HKD 15.22, down 3.37 percent on HKEX.

Market levels and valuation

The Hong Kong listing fell 3.37 percent at the October 16, 2026 close.
The average analyst target was HKD 16.96 from 22 ratings on October 16, 2026.
PICC Property and Casualty stock closed at HKD 15.22 on HKEX on October 16, 2026 at 4:08 p.m. HKST, down 3.37 percent on the day.
PICC Property and Casualty is scheduled to report fiscal year 2026 earnings on March 19, 2027.

PICC, CNE100000593, Illustration mit AI erstellt.

PICC Property and Casualty (ISIN CNE100000593) fell 3.37 percent at the HKEX close on October 16, 2026. The stock closed at HKD 15.22 at 4:08 p.m. HKST, giving investors a clear measure of the latest daily move.

Analyst target reaches HKD 16.96

Barron's lists an average price target of HKD 16.96 from 22 ratings. Against the HKD 15.22 closing price on October 16, 2026, that target is 11.43 percent higher. The target gives the stock a dated valuation reference without changing the direction of the latest session.

Range and yearly performance

The October 16, 2026 trading range was HKD 15.17 to HKD 15.93, while volume reached 45.77 million shares against a 25.62 million average. The stock stood 22.90 percent below its 52-week high of HKD 19.74 and 11.50 percent above its 52-week low of HKD 13.65.

Year to date, PICC Property and Casualty was down 6.97 percent as of October 16, 2026. The one-day decline therefore sits within a weaker annual performance, although the stock remains above its 52-week low.

Valuation and next results

Barron's gives the company a market capitalization of HKD 338.5 billion, a trailing P/E ratio of 6.24 and a dividend yield of 5.92 percent, all dated October 16, 2026. The same page lists March 19, 2027 as the reporting date for fiscal year 2026 earnings.

The company is a Chinese property and casualty insurer listed on HKEX under ticker 2328.HK and ISIN CNE100000593, according to Global Banking and Finance.

Comparison with peers

PICC Property and Casualty (HKEX, HKD): minus 3.37 percent, P/E 6.24, market capitalization HKD 338.5 billion
Ping An Insurance (HKEX, HKD): minus 0.69 percent, P/E 5.88, market capitalization HKD 906.3 billion
China Life Insurance (HKEX, HKD): minus 2.88 percent, P/E 3.94, market capitalization HKD 1,082.8 billion

What the October close says

The latest session put PICC Property and Casualty between its yearly extremes while leaving the average analyst target 11.43 percent above the closing price. The next scheduled reporting date is March 19, 2027, giving the valuation figures a clear calendar marker.