1336.HK : Summary for NCI - Yahoo Finance

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New China Life Insurance Company Ltd. (1336.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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37.30-0.05 (-0.13%)
At close: 4:09PM HKT
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Previous Close37.35
Bid0.00 x
Ask0.00 x
Day's Range37.05 - 38.10
52 Week Range22.00 - 40.25
Avg. Volume4,079,844
Market Cap132.42B
PE Ratio (TTM)11.49
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters7 months ago

    Chinese insurers run "Titanic" risks for titanic returns

    Years of breakneck growth for China's top insurers has been partly fuelled by a splurge on risky investment products that could punch multi-billion-dollar holes in their balance sheets if the slowing economy triggers heavy debt defaults. Industry premiums have increased by an average 13.4 percent a year since 2010, according to the China Insurance Regulatory Commission (CIRC), but in an environment of low interest rates and unreliable stock markets, insurers have increasingly looked to alternative investments to make the returns they need to service their growing business.

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