People's Insurance Co Group of China Ltd (1339)

People's Insurance Co Group of China Ltd (1339)


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People's Insurance Co Group of China Ltd Profile

People's Insurance Co Group of China Ltd (1339.xhkg) is a Chinese insurer headquartered in Beijing, the People’s Republic of China. The People's Insurance Co Group contains the major subsidiaries PICC Asset Management, PICC Life, and PICC Property and Casualty (PICC P&C). PICGOC has branch offices in London and New York. The People's Republic of China is the controlling shareholder for about 67.60% of the total shares. People's Insurance Co Group of China Ltd has approximately 193,494 employees and operates 4500 offices across China and abroad. The company is traded on the Shanghai Stock Exchange (SSE), Hong Kong Stock Exchange (SEHK) as a constituent of the CSI-100 Index, a component of the SSE-50 Index, and has a current market cap of $240.834B (USD)

Holding cost
Largos
-5%
Cortos
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Cierra
Sat
Cierra

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as acciones, commodities, y foreign exchange, y índices.

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