New China Life Insurance Co Ltd Class H

01336: XHKG (HKG)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
HK$41.00SqwCmpdvvl

NCI’s Q3 Growth Was Pressured by Shrinking Agent Headcount After Aggressive Expansion in 2020

Business Strategy and Outlook

NCI differentiates with a focus on the underserved health insurance business to drive value-oriented growth. However, facing rising industrywide headwinds and abrupt management change, it seems to have come to a crossroad over further growth.

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