Movement Alert｜PICC Group Falls 3.07% in Regular Trading, Two Consecutive Quarters of Profit Decline Compounded by Investment Bank Target Price Cuts

Market Focus06-26 10:06

On June 26, PICC Group (01339.HK) fell 3.07% in regular trading, trading at HK$4.69/share, with turnover of approximately HK$65.99 million.

On the news front, the company has posted two consecutive quarters of profit deceleration. In Q4 of last year, PICC reported a rare single-quarter net loss of RMB 180 million attributable to parent shareholders, while Q1 net profit declined 31.4% year-over-year to RMB 8.814 billion, primarily dragged by capital market volatility eroding investment-side returns. Total revenue for Q1 fell 5.1% to RMB 148.536 billion.

Additionally, Morgan Stanley and Citi both recently cut their H-share target prices for PICC, with both citing life insurance business performance falling short of expectations as the core reason. The company's H-share has accumulated a decline of approximately 23.6% year-to-date, with selling pressure from the A-share insurance sector continuing to spill over into Hong Kong trading.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1172849907?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-26 10:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172849907","market":"us","top_or_hot":-1,"title":"Movement Alert｜PICC Group Falls 3.07% in Regular Trading, Two Consecutive Quarters of Profit Decline Compounded by Investment Bank Target Price Cuts","media":"Market Focus","content":"<p><p>On June 26, PICC Group (01339.HK) fell 3.07% in regular trading, trading at HK$4.69/share, with turnover of approximately HK$65.99 million.</p><p>On the news front, the company has posted two consecutive quarters of profit deceleration. In Q4 of last year, PICC reported a rare single-quarter net loss of RMB 180 million attributable to parent shareholders, while Q1 net profit declined 31.4% year-over-year to RMB 8.814 billion, primarily dragged by capital market volatility eroding investment-side returns. Total revenue for Q1 fell 5.1% to RMB 148.536 billion.</p><p>Additionally, Morgan Stanley and Citi both recently cut their H-share target prices for PICC, with both citing life insurance business performance falling short of expectations as the core reason. The company's H-share has accumulated a decline of approximately 23.6% year-to-date, with selling pressure from the A-share insurance sector continuing to spill over into Hong Kong trading.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜PICC Group Falls 3.07% in Regular Trading, Two Consecutive Quarters of Profit Decline Compounded by Investment Bank Target Price Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜PICC Group Falls 3.07% in Regular Trading, Two Consecutive Quarters of Profit Decline Compounded by Investment Bank Target Price Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-26 10:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 26, PICC Group (01339.HK) fell 3.07% in regular trading, trading at HK$4.69/share, with turnover of approximately HK$65.99 million.</p><p>On the news front, the company has posted two consecutive quarters of profit deceleration. In Q4 of last year, PICC reported a rare single-quarter net loss of RMB 180 million attributable to parent shareholders, while Q1 net profit declined 31.4% year-over-year to RMB 8.814 billion, primarily dragged by capital market volatility eroding investment-side returns. Total revenue for Q1 fell 5.1% to RMB 148.536 billion.</p><p>Additionally, Morgan Stanley and Citi both recently cut their H-share target prices for PICC, with both citing life insurance business performance falling short of expectations as the core reason. The company's H-share has accumulated a decline of approximately 23.6% year-to-date, with selling pressure from the A-share insurance sector continuing to spill over into Hong Kong trading.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01339","symbol_name":"中国人民保险集团","start_time":0,"source_url":"","article_id":"1172849907","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172849907","pubTimestamp":1782439613,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 26, PICC Group (01339.HK) fell 3.07% in regular trading, trading at HK$4.69/share, with turnover of approximately HK$65.99 million.On the news front, the company has posted two consecutive...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01339":"中国人民保险集团"},"translate_title":"动向提示|人保集团常规交易跌3.07%连续两季盈利下滑叠加投行目标价下调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01339":1},"content_text":"On June 26, PICC Group (01339.HK) fell 3.07% in regular trading, trading at HK$4.69/share, with turnover of approximately HK$65.99 million.On the news front, the company has posted two consecutive quarters of profit deceleration. In Q4 of last year, PICC reported a rare single-quarter net loss of RMB 180 million attributable to parent shareholders, while Q1 net profit declined 31.4% year-over-year to RMB 8.814 billion, primarily dragged by capital market volatility eroding investment-side returns. Total revenue for Q1 fell 5.1% to RMB 148.536 billion.Additionally, Morgan Stanley and Citi both recently cut their H-share target prices for PICC, with both citing life insurance business performance falling short of expectations as the core reason. The company's H-share has accumulated a decline of approximately 23.6% year-to-date, with selling pressure from the A-share insurance sector continuing to spill over into Hong Kong trading.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1172849907","isCrawlerRequest":true}