|Bid||95.100 x 0|
|Ask||95.150 x 0|
|Day's Range||92.100 - 95.150|
|52 Week Range||39.100 - 95.150|
|PE Ratio (TTM)||24.46|
|Forward Dividend & Yield||1.22 (1.32%)|
|1y Target Est||N/A|
China's Ping An Insurance Group has raised nearly $1 billion for a medical data collection and analysis business ahead of a Hong Kong IPO, two people familiar with the matter said, in what would be the second healthcare unit it plans to bring to market. The funding round values the unit, Ping An Healthcare Management, at $8.8 billion and has attracted SoftBank Group's $93 billion Vision Fund, the world's largest private equity fund, and Japanese financial firm SBI Holdings Inc as lead investors, the people said. SoftBank's Vision Fund and SBI have invested about $400 million and $450 million respectively, one of the people said.
Jan 15 (Reuters) - Shanghai Stock Exchange : * FILING SHOWS BLOCK TRADE OF PING AN INSURANCE GROUP OF CHINA LTD'S 2.0 MILLION A-SHARES INVOLVING 142.9 MILLION YUAN ($22.23 million) ON JAN 15 Source text ...
HONG KONG (Reuters) - China's largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial ...
Jan 11 (Reuters) - China Gezhouba Group Co Ltd: * SAYS IT SIGNS STRATEGIC AGREEMENT WITH PING AN INSURANCE (GROUP) ON AREAS INCLUDING EQUITY INVESTMENT, INVESTMENT BANKING AND ASSET MANAGEMENT Source text ...
Dec 28 (Reuters) - Shanghai Stock Exchange : * FILING SHOWS BLOCK TRADE OF PING AN INSURANCE GROUP CO OF CHINA LTD'S 4 40.07 MILLION SHARES INVOLVING 2.77 BILLION YUAN ($423.98 million) ON DEC 28 Source ...
These days, every big finance company worth its salt is finding ways to boost its bottom line with technology. Few are going quite as far as Ping An Insurance (Group) Co.
Ping An Good Doctor, a Chinese healthcare app backed by Ping An Insurance (2318.HK), is planning to raise approximately USD1 billion via a initial public offering on the Hong Kong stock exchange in the first half of next year, the South China Morning Post reported citing sources familiar with the matter. Five of the 10 biggest IPOs to have taken place in Hong Kong this year have involved mainland tech and internet companies and Ping An Good Doctor chairman Wang Tao is hoping to tap that growing interest, according to the report.
A surge in Ping An Insurance (Group) Co.’s shares this year has made it the world’s second-largest insurer by market value behind only Berkshire Hathaway Inc. And the rally may not be done yet.
Citigroup's Asia head of insurance investment banking Donald Lacey is leaving the bank to become the chief operating officer of Ping An Insurance Group Co of China's Global Voyager Fund, sources familiar with the situation said. Lacey, who joined Citi roughly 10 years ago, will start in his new job in a few months, one of the sources told Reuters. Citi and Ping An declined to comment.
Ping An Insurance Group Co. shares have soared almost 56 percent this year, even as short sellers have grown increasingly bearish on the stock. Short interest has more than doubled from this year’s low ...
China's Ping An launches $1 billion Global Voyager fintech and health care fund. It'll be led by Jonathan Larsen, who joins as chief innovation officer.
Ping An Insurance (Group) Co. plans to invest $100 million a year in Japanese companies as it seeks to diversify its investments outside of China.
Dec.05 -- SoftBank is making a harder push into China. Its technology fund is said to be looking into investments in health and financial businesses owned by Ping An Insurance. Bloomberg's Peter Elstrom reports on "Bloomberg Markets: Asia."