|Bid||66.100 x 0|
|Ask||66.150 x 0|
|Day's Range||66.150 - 67.550|
|52 Week Range||38.000 - 68.050|
|PE Ratio (TTM)||17.01|
|Forward Dividend & Yield||0.11 (1.40%)|
|1y Target Est||N/A|
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 declined to comment, while Ping An did not immediately respond to a request for comment.
China Life (2628.HK), the Middle Kingdom’s biggest life insurer, could have another 25% upside. Analyst Leon Qi says the company’s improving public disclosure has reassured Daiwa about concerns over sustainability of China Life’s profit. Here’s more: Residual margin was disclosed for the first time, reaching CNY576bn at end-1H17, around 20% higher than we previously expected and equal to 83% of its enterprise value.
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 ...
Asia’s bourses were a sea of red in Friday morning trading following yesterday’s sell-off in U.S. stocks. Stock markets in the region mirrored the bearish sentiment seen in the U.S. Thursday, where the ...
Ping An Bank said last week that it plans to issue $3.9 billion of convertible bonds, and it is unlikely to be the last bank seeking fresh capital.
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.
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.
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.
Ping An Insurance Group Co of China Ltd , the country's second-largest insurer, has seen some of its outbound M&A deals 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. "The Chinese government's move to tighten capital outflows has an impact on Ping An in the short-term," Yao said, as it has become more difficult to purchase foreign currency.
Oliver Wang, chairman and chief executive officer at Ping An Good Doctor discusses how his "Good Doctor" platform is changing the patient-doctor relationship in China, how he monetizes his app ...