|Bid||94.150 x 0|
|Ask||94.200 x 0|
|Day's Range||93.350 - 96.000|
|52 Week Range||65.950 - 96.000|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||13.74|
|Forward Dividend & Yield||1.99 (2.26%)|
|1y Target Est||99.27|
Jan.28 -- Dickie Wong, executive director of research at Kingston Securities, talks about China's stock markets, the government's economic policies, and the spats between the U.S. and China. He speaks with Rishaad Salamat and Yvonne Man on "Bloomberg Markets: China Open."
SHANGHAI and HONG KONG, April 17, 2019 /PRNewswire/ -- Recently, the International Symposium on Biomedical Imaging (ISBI) released its 2019 international competition results. Ping An Technology, a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318, SSE: 601318), won three competitions: Automatic Cancer Detection and Classification in Whole-slide Lung Histopathology (ACDC), Endoscopic Artefact Detection (EAD) and Pathologic Myopia Challenge (PALM). The three competitions won by Ping An Technology at this year's ISBI conference have significant clinical application value in the medical field.
HONG KONG, April 16, 2019 /PRNewswire/ -- China Ping An Insurance Overseas (Holdings) Limited, together with its subsidiaries ("PAOH"), the main overseas platform for direct investments and asset management of Ping An Insurance (Group) Company of China, Ltd. (2318.HK, 601318.SH), announced the closing of approximately US$758 million in capital commitments to its Ping An Global Infrastructure Funds. The Funds' investments will be focused on telecommunication, transportation, midstream, power, utilities and other infrastructure assets.
* To use 5-10 bln yuan of own funds to buy back shares * Will consider more buybacks if regulations allow - co-CEO * Continues to invest in tech R&D - co-CEO * 2018 profit jumps 20.6 pct to 107.4 bln yuan ...
Ping An achieved steady growth overall for 2018, operating profit and NBV growth exceed market expectations and operating profit attributable to shareholders of the parent company rose 18.9% year on year to RMB112,573 million. Net profit grew 20.5% year on year to RMB120, 452 million, and net profit attributable to shareholders of the parent company rose 20.6% year on year to RMB107, 404 million. Under the old accounting standards for financial instruments, the Company's net profit attributable to shareholders of the parent company would have risen 39.5% year on year to RMB124, 245 million.
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.
SINGAPORE/HONG KONG, March 12 (Reuters) - Ping An Insurance Group Co of China Ltd , China's largest insurer by market value, posted on Tuesday a forecast-beating 20.6 percent jump in annual net profit, ...
March 12 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS 2018 NET PROFIT 107.4 BILLION YUAN ($16.01 billion) VERSUS NET PROFIT 89.1 BILLION YUAN YEAR AGO Source text: https://bit.ly/2ESYASA ...
Ping An is now targeting to list OneConnect in Hong Kong as soon as the second half of this year, one of the people said, asking not to be identified because the information is private. Ping An tempered its valuation expectations and may offer a smaller stake in the business after OneConnect’s business performance wasn’t as strong as initially projected, one person said. A OneConnect spinoff and IPO would be one of the highest-profile deals in Hong Kong since a rapidly decelerating Chinese economy chilled public funding and the country’s tech space.
SSE: 601318) is delighted to announce that the financial technology (Fintech) subsidiary - OneConnect commences its operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry. Indonesia is the largest and fastest growing internet economy in Southeast Asia with a $27 billion economy in 2018.
Investing.com - The shares of Hong Kong-listed insurance giant Ping An Insurance (HK:2318) jumped almost 3% on Monday after the company said it is launching a low-fee exchange-traded funds (ETF) product.
Feb 15 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS JAN PREMIUM INCOME TOTALLED 156.5 BILLION YUAN ($23.09 billion) Source text in Chinese: https://bit.ly/2X0wIEa Further company coverage: ...
(Refiles with additional bullet point) Jan 31 (Reuters) - China Fortune Land Development Co Ltd : * SAYS CONTROLLING SHAREHOLDER IN DEAL TO SELL 170.9 MILLION SHARES, OR 5.69 PERCENT STAKE, IN THE COMPANY ...
HONG KONG , Jan. 25, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter " Ping An ") (HKEX: 2318) (SSE: 601318) announced that Ping An Property and Casualty Insurance ...
SSE: 601318) is delighted to announce that the Ping An Global Voyager Fund, has invested in AI medical solution company Airdoc in its B+ round of funding (Ping An has led the round along with CITIC). This investment aims to boost application of AI healthtech and bring the benefits of quality healthcare services to all. Airdoc is a high-tech company dedicated to improving the efficiency of medical services through artificial intelligence.
Dec 27 (Reuters) - Shanghai Stock Exchange: * SHANGHAI STOCK EXCHANGE FILINGS SHOW BLOCK TRADE OF PING AN INSURANCE'S 26.62 MLN A-SHARES INVOLVING 1.48 BILLION YUAN ($215.59 million) ON DEC 27 Source text ...