2318.HK - Ping An Insurance (Group) Company of China, Ltd.

HKSE - HKSE Delayed Price. Currency in HKD
74.050
-1.100 (-1.46%)
At close: 4:08PM HKT
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Previous Close75.150
Open74.500
Bid74.050 x 0
Ask74.100 x 0
Day's Range73.800 - 74.500
52 Week Range67.150 - 98.850
Volume26,865,448
Avg. Volume38,533,633
Market Cap1.392T
Beta (3Y Monthly)1.40
PE Ratio (TTM)12.38
EPS (TTM)5.983
Earnings DateN/A
Forward Dividend & Yield1.41 (1.89%)
Ex-Dividend Date2018-09-06
1y Target Est86.86
  • Reuters2 days ago

    BRIEF-Rici Healthcare Holdings Announces Termination Of JV With Ping An Health Technology Fund

    Dec 14 (Reuters) - Rici Healthcare Holdings Ltd: * RICI HEALTHCARE HOLDINGS ANONUNCES TERMINATION OF TRANSACTION FOR ESTABLISHMENT OF A JOINT VENTURE WITH PING AN HEALTH TECHNOLOGY FUND * TERMINATION AS ...

  • Reuters4 days ago

    BRIEF-Shanghai Exchange Filing Shows Block Trade Of Ping An Insurance's A-Shares Involving 122.4 Mln Yuan

    Dec 12 (Reuters) - Ping An Insurance Group Co of China Ltd : * SHANGHAI STOCK EXCHANGE FILING SHOWS BLOCK TRADE OF PING AN INSURANCE'S 2.0 MILLION A-SHARE INVOLVING 122.4 MILLION YUAN ($17.77 million) ...

  • PR Newswire11 days ago

    Ping An GammaLab Wins Global AI Machine Reading Comprehension Competition

    HONG KONG and SHANGHAI, Dec. 5, 2018 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group") (2318.HK) (601318.SS) is pleased to announce that OneConnect, a subsidiary of the Group, ranked first in one of the world's most authoritative machine-reading comprehension challenges -- the Stanford Question Answering Dataset 2.0 (SQuAD). GammaLab Institute of Artificial Intelligence (GammaLab), owned by OneConnect, scored 83.435, close to the human performance level of 86.831, way ahead of other companies in the challenge.

  • PR Newswire11 days ago

    Ping An GammaLab Wins Global AI Machine Reading Comprehension Competition

    HONG KONG and SHANGHAI, Dec. 5, 2018 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group") (2318.HK) (601318.SS) is pleased to announce that OneConnect, a subsidiary of the Group, ranked first in one of the world's most authoritative machine-reading comprehension challenges -- the Stanford Question Answering Dataset 2.0 (SQuAD). GammaLab Institute of Artificial Intelligence (GammaLab), owned by OneConnect, scored 83.435, close to the human performance level of 86.831, way ahead of other companies in the challenge.

  • Reuters12 days ago

    SoftBank's Vision Fund to hire China team, set up mainland office - sources

    The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion (£78.6 billion) investment giant expands in one of the world's most vibrant tech markets, two people with direct knowledge of the move told Reuters. The Vision Fund plans to open its first China office in Shanghai next year, followed by Beijing and Hong Kong. The Vision Fund raised more than $93 billion at its first close last May with investors including the sovereign wealth funds of Saudi Arabia and Abu Dhabi, Apple Inc (AAPL.O) and Hon Hai Precision Industry Co Ltd (Foxconn) (2317.TW).

  • PR Newswire25 days ago

    Ping An Group Appoints International General Counsel

    SSE: 601318) announced that the Group has appointed Steven D. Winegar to the role of Overseas Company Lawyer and International General Counsel. In this role, Mr. Winegar will have responsibility for legal and compliance matters globally. The appointment of Mr. Winegar reflects the Group's commitment to attracting top international talent to enhance the Group's corporate governance practices as a listed company and to accelerate the international transformation of the Group.

  • Ping An Group Appoints International General Counsel
    PR Newswire25 days ago

    Ping An Group Appoints International General Counsel

    SSE: 601318) announced that the Group has appointed Steven D. Winegar to the role of Overseas Company Lawyer and International General Counsel. In this role, Mr. Winegar will have responsibility for legal and compliance matters globally. The appointment of Mr. Winegar reflects the Group's commitment to attracting top international talent to enhance the Group's corporate governance practices as a listed company and to accelerate the international transformation of the Group.

  • CNBC27 days ago

    China's Ping An invests in Berlin fintech start-up in first step into European market

    Ping An Insurance Group's Global Voyager Investment Fund is leading the latest funding round worth 41.5 million euros ($47 million) for Finleap, a Berlin-based fintech company. The investment marks the fund's first venture into continental Europe.

  • Bloomberg27 days ago

    China's Ping An Buys Stake in German Fintech Incubator Finleap

    The Chinese behemoth’s $1 billion-Global Voyager Fund led the investment round, the companies said in a statement Monday, which didn’t disclose additional terms. Ping An contributed 40 million euros to the funding round, a spokeswoman for Finleap said. Ping An will seek to accelerate growth at Finleap by helping with its artificial intelligence and blockchain expertise, and by brokering access to the Chinese market, Global Voyager Fund’s Managing Director Donald Lacey said in an interview.

  • China's Ping An Buys Stake in German Fintech Incubator Finleap
    Bloomberg27 days ago

    China's Ping An Buys Stake in German Fintech Incubator Finleap

    The Chinese behemoth’s $1 billion-Global Voyager Fund led the investment round, the companies said in a statement Monday, which didn’t disclose additional terms. Ping An contributed 40 million euros to the funding round, a spokeswoman for Finleap said. Ping An will seek to accelerate growth at Finleap by helping with its artificial intelligence and blockchain expertise, and by brokering access to the Chinese market, Global Voyager Fund’s Managing Director Donald Lacey said in an interview.

  • Reuterslast month

    BRIEF-Ping An Insurance's Jan-Oct Premium Income At 610.0 Billion Yuan

    Nov 14 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS JAN-OCT PREMIUM INCOME AT 610.0 BILLION YUAN ($87.76 billion) Source text in Chinese: https://bit.ly/2PrUJ76 Further company coverage: ...

  • CNBClast month

    Prudential already has a large footprint in China — the challenge is to grow that, says its CEO

    Prudential, Britain's largest insurer, has been expanding into China for years. "We have licenses in about 70 percent of the economic footprint now with China, so our biggest challenge is growing into that footprint quickly," Mike Wells, Prudential Group CEO told CNBC. China is committed to opening up its insurance sector just as it's indicated, but it will be on its own time, said Mike Wells, Prudential Group CEO on Tuesday.

  • Investing.comlast month

    Ping An Shares Down in HK Despite Tech Investment Pledge

    Investing.com - China’s Ping An Insurance (HK:2318) plans to invest as much as $15 billion into technology research and development over the next decade, including efforts to further develop blockchain and artificial intelligence (AI) technology.

  • PR Newswirelast month

    Ping An Powering Ahead with World-leading Fintech and Healthtech

    Investing RMB100 billion ( US$15 billion ) in technology R&D over ten years Cutting-edge technologies empowering financial services and customer ecosystems HONG KONG , Nov. 7, 2018 /PRNewswire/ -- Ping ...

  • The Wall Street Journallast month

    [$$] Chinese Insurer Overtakes BlackRock to Become HSBC’s Biggest Shareholder

    A major Chinese insurer has overtaken BlackRock Inc. as the biggest shareholder of U.K.-based HSBC Holdings PLC, with its nearly $12 billion stake demonstrating China’s growing appetite for offshore equity investments. Ping An Insurance (Group) Co. of China Ltd.’s stake in the Asia-focused bank rose to more than 7% after a small purchase last week, a late Monday filing showed. The stake, held by Ping An’s asset-management arm, is valued at 93.72 billion Hong Kong dollars ($11.97 billion), based on HSBC’s closing price in Hong Kong on Tuesday.

  • The Wall Street Journallast month

    [$$] HSBC Gets Owned by Its Former Pupil

    Few stocks in local Chinese markets offer as healthy a dividend as HSBC, which currently yields over 6%. Ping An would surely appreciate HSBC’s retail banking customer base in Hong Kong and elsewhere. For HSBC, this is a bittersweet moment.

  • Ping An Is Said to Plan $2 Billion IPO of Health Tech Unit
    Bloomberglast month

    Ping An Is Said to Plan $2 Billion IPO of Health Tech Unit

    A listing of Ping An Healthcare Technology, which provides platforms used by hospitals, insurers and pharmacies, could take place as soon as next year, according to the people. Ping An Healthcare Technology raised $1.15 billion from investors including SoftBank Group Corp.’s Vision Fund in a series A funding round announced in February. Good Doctor, which raised $1.1 billion in a Hong Kong IPO in April, has fallen 31 percent from its offer price through Wednesday.

  • PR Newswire2 months ago

    Ping An delivers Hong Kong's first blockchain-powered trade finance platform

    HONG KONG , Oct. 31, 2018 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter " Ping An " or "the Group" or "the Company ")( HKEx: 2318 )( SSE: 601318) ...

  • Reuters2 months ago

    BRIEF-Ping An Insurance's Share Buyback Plan Pending Review, Details To Be Confirmed

    Oct 30 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS ITS SHARE BUYBACK PLAN PENDING REVIEW OF SHAREHOLDERS' MEETING, DETAILS NEED TO BE CONFIRMED Source text in Chinese: https://bit.ly/2ELwMT8 ...

  • PR Newswire2 months ago

    Ping An's 9M18 operating profit attributable to shareholders of parent company rose 19.5%, Life VNB growth rate improved in Q3

    In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth was 35.1% under the old accounting standards for financial instruments. In the first nine months, the Group's internet users exceeded half a billion, and 34.8% of the Group's new customers were sourced from internet users within the Group's five ecosystems.

  • Reuters2 months ago

    DIARY-Hong Kong corporate earnings week ahead

    Oct 26 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time(GMT) 29-Oct-2018 04:00 HSBA.L HSBC Holdings PLC Q3 2018 ...

  • The Wall Street Journal2 months ago

    [$$] Ping An Insurance Signs Partnership Agreement With British Fund-Manager Merian

    The preliminary agreement forms a strategic partnership, with the companies exploring opportunities in fund distribution and investment advice. Earlier this year, Mr. Buxton led a management buyout of the former Old Mutual Global Investors and renamed it as Merian. The buyout was backed by U.S. private-equity firm TA Associates.

  • Ping An and Merian Global Investors Sign Historic Strategic Agreement
    PR Newswire2 months ago

    Ping An and Merian Global Investors Sign Historic Strategic Agreement

    HONG KONG , Oct. 23, 2018 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter " Ping An " or the "Group", HKEx: 2318; SSE: 601318) today announced that Ping ...