Company China Pacific Insurance (Group) Co., Ltd. Hong Kong S.E.

Equities

2601

CNE1000009Q7

Life & Health Insurance

Market Closed - Hong Kong S.E. 04:08:13 2024-06-13 am EDT 5-day change 1st Jan Change
19.56 HKD +1.66% Intraday chart for China Pacific Insurance (Group) Co., Ltd. -7.95% +24.11%

Business Summary

China Pacific Insurance (Group) Co., Ltd. is an insurance group organized around 2 sectors of activity:

- life insurance (63% of gross written premiums);

- non life insurance (37%): car, fire, casualty and health, travel, etc. insurances.

The marketing of the products and services is ensured through brokers, agents and through a direct sales representative.

Number of employees: 98,732

Sales per Business

CNY in Million2022Weight2023Weight Delta
Property Insurance
57.4 %
- - 185,917 57.4 % -
Life and Health Insurance
41.1 %
298,933 65.6 % 133,207 41.1 % -55.44%
Other
7.0 %
19,718 4.3 % 22,625 7.0 % +14.74%
Offset
-5.5 %
-17,755 -3.9 % -17,804 -5.5 % +0.28%

Sales per region

CNY in Million2022Weight2023Weight Delta
China
100.0 %
453,108 99.5 % 323,945 100.0 % -28.51%

Managers

Managers TitleAgeSince
President 52 18-12-28
Chairman 60 20-03-24
Director of Finance/CFO 57 12-12-31
Chief Investment Officer 51 21-12-31
Compliance Officer 54 16-05-31
Chief Administrative Officer 57 21-10-31
Investor Relations Contact - -
Comptroller/Controller/Auditor 28 21-12-31
Corporate Secretary 56 21-02-28
Corporate Secretary 51 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 58 19-05-31
Director/Board Member 64 21-03-28
Chairman 60 20-03-24
Director/Board Member 55 20-12-31
Director/Board Member 58 21-02-28
Director/Board Member 56 Nov. 26
Chairman 55 18-07-10
President 52 18-12-28
Director/Board Member 60 19-06-04
Director/Board Member 70 23-05-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,775,300,000 2,576,606,400 ( 92.84 %) 0 69.11 %
Stock B 1 6,845,041,455 4,072,032,109 ( 59.49 %) 0

Shareholders

NameEquities%Valuation
Shanghai State-Owned Assets Supervision & Administration
7.152 %
198,496,800 7.152 % 518 M $
138,059,400 4.975 % 360 M $
JPMorgan Asset Management (Asia Pacific) Ltd.
4.327 %
120,074,800 4.327 % 313 M $
Schroder Investment Management Ltd.
3.390 %
94,073,200 3.390 % 245 M $
Schroder Investment Management (Singapore) Ltd.
3.222 %
89,431,400 3.222 % 233 M $
BlackRock Fund Advisors
2.091 %
58,043,800 2.091 % 151 M $
Schroder Investment Management (Hong Kong) Ltd.
0.8386 %
23,274,600 0.8386 % 61 M $
BlackRock Advisors (UK) Ltd.
0.7757 %
21,527,659 0.7757 % 56 M $
BlackRock Investment Management (UK) Ltd.
0.5578 %
15,480,325 0.5578 % 40 M $
Value Partners Ltd.
0.3568 %
9,903,600 0.3568 % 26 M $
NameEquities%Valuation
Shanghai State-Owned Assets Supervision & Administration
33.75 %
2,122,058,970 33.75 % 8 431 M $
China State-Owned Assets Supervision & Admn Commission
20.43 %
1,284,277,846 20.43 % 5 102 M $
Government of China
8.919 %
560,696,491 8.919 % 2 228 M $
China Securities Finance Corp. Ltd.
4.312 %
271,089,843 4.312 % 1 077 M $
HuaAn Fund Management Co., Ltd.
0.8589 %
53,995,424 0.8589 % 215 M $
China Asset Management Co., Ltd.
0.8496 %
53,409,708 0.8496 % 212 M $
ICBC Credit Suisse Asset Management Co., Ltd.
0.5816 %
36,564,523 0.5816 % 145 M $
Founder Fubon Fund Management Co., Ltd.
0.4943 %
31,072,551 0.4943 % 123 M $
17,991,000 0.2862 % 71 M $
Huatai-PineBridge Fund Management Co., Ltd.
0.2684 %
16,873,171 0.2684 % 67 M $

Holdings

NameEquities%Valuation
560,000,000 11.15% 610,713,600 $
23,360,864 0.52% 74,203,916 $
41,071,163 0.51% 50,289,996 $
95,358,203 1.97% 49,364,081 $
13,032,296 1.18% 38,877,424 $
16,298,189 0.71% 29,203,584 $
7,914,393 0.59% 6,238,441 $
1,642,519 0.71% 4,342,114 $
6,186,909 0.15% 4,142,259 $
3,581,949 0.07% 3,733,251 $

Company contact information

China Pacific Insurance (Group) Co., Ltd.

1 South Zhongshan Road Huangpu

200010, Shanghai

+86 21 5876 7282

http://www.cpic.com.cn
address China Pacific Insurance (Group) Co., Ltd.(2601)

Group companies

NameCategory and Sector
CPIC Allianz Health Insurance Co., Ltd.
Multi-Line Insurance
Property/Casualty Insurance

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
27.85 CNY
Average target price
30.06 CNY
Spread / Average Target
+7.93%
Consensus
  1. Stock Market
  2. Equities
  3. 601601 Stock
  4. 2601 Stock
  5. Company China Pacific Insurance (Group) Co., Ltd.