- Barrons.com•22 hours ago
The Hang Seng China Enterprises Index is up 0.8% on Thursday morning, led by Ping An Insurance's (2318.Hong Kong) strong 2.8% gain. Ping An just reported its 2016 full-year results. The most surprising ...
- Reuters•last month
A senior Chinese insurance regulator warned against the industry's reckless overseas investment, saying some insurers behaved recklessly when it came to offshore acquisitions, the official Securities Times reported on Thursday. Chen Wenhui, vice chairman of the China Insurance Regulatory Commission (CIRC) urged insurers to take a cautious approach when investing overseas, the newspaper said. "Blind outbound investment" by insurers, often with high leverage, involved tens of billions of yuan worth of risks in some cases, Chen was quoted as saying.
- Reuters•3 months ago
Ping An Insurance Group Co of China Ltd , the country's second-largest insurer, has seen some of its overseas investments impacted by Beijing's measures to stem capital outflows, its group chief financial officer (CFO) said on Friday. After facing difficulties converting yuan into foreign currencies and shifting capital offshore, Ping An is seeking to raise debt capital in overseas markets in a bid to overcome the funding issues, CFO Jason Yao said.
2318.HK : Summary for PING AN - Yahoo Finance
PING AN (2318.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||43.65 - 44.95|
|52 Week Range||32.50 - 44.95|
|PE Ratio (TTM)||12.45|
|Dividend & Yield||0.06 (1.07%)|
|1y Target Est||N/A|