|Bid||14.14 x 0|
|Ask||14.15 x 0|
|Day's Range||14.08 - 14.84|
|52 Week Range||8.45 - 14.84|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.97|
* PREVIOUS TRADING SESSION MOVES: * SSEC -0.4 pct, CSI300 -0.4 pct, HSI -0.5 pct * Shanghai- HK daily quota used 3.3 pct, Shenzhen- HK daily quota used 0.6 pct * Northbound legs of the Stock Connect ...
China Life Insurance Co , Ping An's main competitor in the domestic insurance market, warned in January its 2018 net profit would fall 50-70 percent. Boosting Ping An's bottom line in 2018 was its life and health insurance business, where net profit jumped 62 percent to 57.9 billion yuan from a year earlier. Ping An is the controlling shareholder of Ping An Bank Co Ltd, which last week reported a 7 percent rise in annual net profit to 24.8 billion yuan.
* PREVIOUS TRADING SESSION MOVES: * SSEC +1.6 pct, CSI300 +0.8 pct, HSI +0.3 pct * Shanghai- HK daily quota used 5.0 pct * HK- Shenzhen Connect daily quota used 0.5 pct, Shenzhen- HK daily quota ...
March 6 (Reuters) - Ping An Bank Co Ltd: * SAYS 2018 NET PROFIT UP 7.0 PERCENT Y/Y AT 24.8 BILLION YUAN ($3.70 billion) Source text in Chinese: https://bit.ly/2NJXVGY Further company coverage: ($1 = 6.7057 ...
(Refiles with additional bullet point) Jan 3 (Reuters) - Ping An Bank Co Ltd: * SAYS PRELIM 2018 NET PROFIT UP 7.0 PERCENT Y/Y * SAYS PRELIM 2018 NET PROFIT AT 24.8 BLN YUAN VS 23.2 BLN YUAN YEAR EARLIER ...
BEIJING/HONG KONG, Nov 5 (Reuters) - A stake of Chinese private lender WeBank, which counts gaming and social media firm Tencent Holdings Ltd as a major shareholder, is being auctioned with a price tag of 441 million yuan ($63.63 million) following a court ruling. Shenzhen Brightoil Petroleum Group Co, WeBank's fourth-largest shareholder, has been forced to sell 12.6 million WeBank shares at 35 yuan each, showed an auction announcement on Taobao, the flagship e-commerce site run by Tencent rival Alibaba Group Holding Ltd. In total, Brightoil owns 120 million WeBank shares, or a 2.857 percent stake, showed a disclosure accompanying the announcement.
* PREVIOUS TRADING SESSION MOVES: * SSEC -2.3 pct, CSI300 -2.7 pct, HSI -3.1 pct * HK- Shanghai Connect daily quota used 0.6 pct * CNY official close 6.9411 per dollar * FTSE China A50 -3.1 pct, BNY ...
Oct 23 (Reuters) - Ping An Bank Co Ltd: * SAYS Q3 NET PROFIT UP 7.3 PERCENT Y/Y * SAYS 9-MONTH NET PROFIT UP 6.8 PERCENT Y/Y Source text in Chinese: https://bit.ly/2R60bbW Further company coverage: (Reporting ...
Moody's Investors Service has assigned a first-time A2 issuer rating to Shenzhen Investment Holdings Co., Ltd. (SIHC). SIHC's A2 issuer rating considers its baseline credit assessment (BCA) of baa2 as well as the potential for support in times of stress, based on the assumption of a very high dependence on and high level of support from its local government owner, which results in a rating that is three notches above its BCA. Moody's support assessment reflects SIHC's important role as a key state-owned capital investment company for the Shenzhen Government which owns 100% of the company.
Aug 15 (Reuters) - Ping An Bank Co Ltd: * SAYS H1 NET PROFIT UP 6.5 PERCENT Y/Y Source text fin Chinese: https://bit.ly/2MfADLz Further company coverage: (Reporting by Hong Kong newsroom)
SHANGHAI/BENGALURU July 24 (Reuters) - Concerns that a sharp fall in Chinese stocks this year will turn into a rout as China and the United States exchange barbs on trade are overdone, some investors say. By some estimates, the stock market is pricing in sharper downgrades in corporate earnings for 2019 than analysts are forecasting, suggesting that investors are overly pessimistic. Instead, these fund managers, investors and equity analysts, see limited downside potential for Chinese stocks, pointing to relatively low valuations historically and signs that some buyers are starting to put money back into the market.
July 18 (Reuters) - Wintime Energy Co Ltd: * SAYS CONTROLLING SHAREHOLDER SIGNS STRATEGIC AGREEMENT WITH CHINA DEVELOPMENT BANK, CHINA CITIC BANK, CHINA MINSHENG BANKING, PING AN BANK AND BANK OF SHANGHAI ...
China's listed mid-tier and regional banks will face added pressure to curb risky activities following the formal establishment of Communist Party Committees at the lenders, bankers and analysts say. China's 40 listed banks have announced changes to their articles of association to add the committees, with 26 making announcements after the start of the year. While party committees have been set up across state-backed listed firms, their official establishment at banks comes as President Xi Jinping has targeted the industry and prioritised cutting financial risk.
(Refiles to correct source link) June 6 (Reuters) - Ping An Bank Co Ltd: * SAYS BOARD APPROVES TO SET UP ASSET MANAGEMENT UNIT WITH REGISTERED CAPITAL OF UP TO 5.0 BILLION YUAN ($782.07 million) Source ...
May 17 (Reuters) - Ping An Bank Co Ltd: * SAYS LOCK-UP PERIOD FOR 252.2 MILLION SHARES TO END, TRADING TO START ON MAY 21 Source text in Chinese: https://bit.ly/2IO5TPf Further company coverage: (Reporting ...
At a Hua Xia Bank branch in Shanghai's financial district, Wang Shujuan, a 72-year-old retired doctor, is looking at moving her money out of a high-yielding wealth management product into a bank deposit bearing an indefinite rate of return. For Wang and other Chinese retail investors opting for this new, aggressively-marketed "Wisdom & Reward" product the decision seems perfectly rational. Under China's new rules for its asset management industry, banks' wealth management products (WMP) are no longer allowed to offer guarantees on the principal and returns.