According to the Dongwu Securities Research Report, China People's Insurance's 2026 interim report is about to be released. It is expected that the underwriting side of the company's industrial insurance business will improve year on year, investment performance will improve markedly, the value of the life insurance business will grow steadily, and the long-term growth momentum of the company will continue to be optimistic. I believe that the company, as a leader in the domestic financial insurance industry, has good overall business quality and outstanding cost management capabilities. I am optimistic that the company will maintain the underwriting profitability of the leading industry in the future. The company uses excellent long-term management capabilities and asset allocation advantages to achieve long-term stable return on investment. I am optimistic about the brand effect and cost control advantages of the company as a leader in the financial insurance industry. Under fine management, it is expected to continue to optimize the business structure and promote cost reduction and efficiency. Maintaining the previous profit forecast unchanged, the company's net profit for 2026-2028 is estimated to be 507/555/60.9 billion yuan, respectively. The current A and H market values correspond to 2026EPEV0.7x, 0.5x, PB0.9x, and 0.6x, maintaining a “buy” rating.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.