|Day's Range||51.800 - 52.550|
|52 Week Range||32.500 - 52.950|
|PE Ratio (TTM)||13.45|
|Dividend & Yield||0.06 (0.90%)|
|1y Target Est||N/A|
Ping An Insurance is using a newly-launched fund to hunt for financial technology and health care-technology investments in the $10 million to $30 million range, a top executive said.
Chinese shares traded in Hong Kong soared as much as 1.8% on Thursday. Earlier in the week Moody’s Investors Service downgraded China’s sovereign debt rating citing concerns over slowing growth and a mountain of debt in the world’s second-biggest economy. Moody’s followed up that demotion with a similar one for Hong Kong, pointing to the city’s increasing economic links with the mainland.
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.