SEHK:966Insurance
China Taiping (SEHK:966): Valuation Check After Hong Kong Fire Puts Insurance Exposure in Focus
A deadly fire that tore through seven high rise towers in Hong Kong has put China Taiping Insurance Holdings (SEHK:966) under a harsh spotlight, as its local affiliate faces over $200 million in claims.
See our latest analysis for China Taiping Insurance Holdings.
Despite the tragic fire highlighting near term earnings risk, investors have largely looked through the shock. The share price is up 7.1 percent over one day and has delivered a powerful 67.4 percent year to date share price return,...