Citi Research has released a report, updating its forecast model ahead of PICC P&C (02328.HK) -0.200 (-2.039%) Short selling $22.24M; Ratio 5.673% 's announcement of its 1H24 results. It lowered the EPS estimates for FY24-26 by 4%/ 3%/ 3% respectively, reflecting lower underwriting profitability estimates. Accordingly, Citi Research slightly trimmed the TP of PICC P&C from $11.1 to $11 and gave it a Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-25 16:25.)
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