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

HKSE - HKSE Delayed Price. Currency in HKD
94.100
-0.300 (-0.32%)
At close: 4:08PM HKT
Stock chart is not supported by your current browser
Previous Close94.400
Open93.250
Bid94.100 x 0
Ask94.150 x 0
Day's Range93.250 - 95.150
52 Week Range65.950 - 98.000
Volume21,994,709
Avg. Volume28,832,584
Market Cap1.77T
Beta (3Y Monthly)1.22
PE Ratio (TTM)13.73
EPS (TTM)6.854
Earnings DateN/A
Forward Dividend & Yield1.99 (2.11%)
Ex-Dividend Date2019-05-23
1y Target Est99.27
  • Alibaba, Ping An Insurance Favored: Antipodes Partners
    Bloomberg18 hours ago

    Alibaba, Ping An Insurance Favored: Antipodes Partners

    Jul.17 -- Sunny Bangia, deputy portfolio manager at Antipodes Partners, talks about Chinese consumer stocks including Kweichow Moutai Co., the world’s most profitable distillery which reported a 26.6% increase in net profit. He speaks on n"Bloomberg Daybreak: Asia."

  • Reuters13 hours ago

    Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources

    BEIJING/SHANGHAI (Reuters) - Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters. The move by Lufax to exit P2P, in which companies gather funds from retail investors and loan the money to small corporate and individual borrowers, is due to regulatory hurdles, two of the sources said, and comes amid China's crackdown on the business to contain broader financial risks. The sources said they did not know exactly when Lufax's P2P business would be shuttered, or how the outstanding business will be handled, but added that the company has already started the process of applying for a licence in consumer finance, a business which it intends to focus on.

  • Exclusive: Ping An-backed Lufax to ditch P2P lending on regulatory woes - sources
    Reuters13 hours ago

    Exclusive: Ping An-backed Lufax to ditch P2P lending on regulatory woes - sources

    BEIJING/SHANGHAI (Reuters) - Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters. The move by Lufax to exit P2P, in which companies gather funds from retail investors and loan the money to small corporate and individual borrowers, is due to regulatory hurdles, two of the sources said, and comes amid China's crackdown on the business to contain broader financial risks. The sources said they did not know exactly when Lufax's P2P business would be shuttered, or how the outstanding business will be handled, but added that the company has already started the process of applying for a licence in consumer finance, a business which it intends to focus on.

  • Property speculators hope for investment paradise in southwest China
    Reuters6 days ago

    Property speculators hope for investment paradise in southwest China

    A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow. Another praised the curative powers of Xishuangbanna's temperate weather. The river town in the hills of Yunnan province has seen a 40% surge in new home prices in June compared with a year earlier, ranking fifth among China's 338 biggest cities, according to private property data provider Qingdao Cityre Estate Data.

  • Ping An Technology Speaks at RISE 2019: AI is Changing Every Industry
    Business Wire7 days ago

    Ping An Technology Speaks at RISE 2019: AI is Changing Every Industry

    SSE: 601318), was invited to speak at RISE Conference, Asia’s largest technology event, in Hong Kong for the third consecutive year. At the conference, Chan reiterated that artificial intelligence (AI) is changing every industry. In his speech, Chan discussed the pain points of today’s financial and healthcare sectors, “Healthcare resources are not evenly distributed in China and worldwide, resulting in long waiting time and short consultation time.

  • Ping An Shares Insights on the Transformative Power of Technology for Finance & Healthcare at “Summer Davos”
    Business Wire15 days ago

    Ping An Shares Insights on the Transformative Power of Technology for Finance & Healthcare at “Summer Davos”

    SSE: 601318), who shared Ping An’s experience in transforming the financial industry and revolutionizing healthcare with technology in the new era of globalization, in front of nearly 2,000 guests from over 90 countries and regions, as one of the Co-Chairs of New Champions 2019. At the New Champions 2019 press conference, Tan reiterated that technology is vital in impacting the market as well as peoples’ lives. As a business with a long history, Ping An has been committed to driving significant developments in the financial technology space in the past decade.

  • PR Newswire20 days ago

    Ping An Wins Top Ranking in Global Artificial Intelligence Challenge

    HONG KONG , June 28, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. "(hereafter " Ping An " or the "Group" or the "Company", HKEX: 2318; SSE: ...

  • Reuterslast month

    Ping An's OneConnect leaning towards New York over Hong Kong for IPO - sources

    Ping An Insurance's OneConnect financial technology unit is leaning toward picking New York over Hong Kong for its initial public offering (IPO) in the hope of achieving a higher valuation, three people with direct knowledge of the matter said. Ping An Insurance Group Co of China Ltd, China's biggest insurer by market value, had been planning a Hong Kong IPO of the unit since the beginning of the year in a deal that could raise up to $1 billion. The insurer is now seeking to list OneConnect in New York as early as in September, said one of the people, who were not authorised to speak to media and so declined to be identified.

  • PR Newswirelast month

    Ping An Ranks 40th in BrandZ(TM) Global Brands; Tops Global Insurance Brand List for 4th Consecutive Year

    SHANGHAI and HONG KONG , June 13, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter " Ping An " or the "Group"; HKEx: 2318; SSE: 601318) has ranked 40th ...

  • PR Newswirelast month

    Ping An Ranks 40th in BrandZ™ Global Brands; Tops Global Insurance Brand List for 4ᵗʰ Consecutive Year

    HONG KONG , June 11, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter " Ping An " or the "Group"; HKEx: 2318; SSE: 601318) has ranked 40th in the latest ...

  • Ping An’s Healthtech Arm Cooperates with the Medical AI Lab Program of HKU
    Business Wirelast month

    Ping An’s Healthtech Arm Cooperates with the Medical AI Lab Program of HKU

    Ping An Insurance Company of China, Ltd. is pleased to announce that the subsidiary Ping An International Smart City Technology Co., Ltd.

  • Ping An's healthtech arm cooperates with the Medical AI Lab Program of HKU
    PR Newswire2 months ago

    Ping An's healthtech arm cooperates with the Medical AI Lab Program of HKU

    HONG KONG , May 30, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company of China , Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) is pleased to announce that ...

  • Barrons.com2 months ago

    Dividend Stars Aren’t Just on S&P’s Aristocrats List. Check Out These Emerging Market Stocks.

    JPMorgan highlighted a group of 64 dividend-paying stocks it calls the Emerging Markets Dividend Nobles.

  • PR Newswire2 months ago

    Ping An completes multi-center clinical trials for world's first intelligent OCT retinal disease screening system

    The screening system is jointly developed by Ping An Technology and US-based Optovue, Inc. It is the first artificial intelligence (AI) imaging and screening system in the world that seamlessly integrates an OCT retinal imaging device and AI lesion detection software. The clinical trial was conducted at three well-known research institutions, the Eye and ENT Hospital of Fudan University in Shanghai, Shanghai First People's Hospital of Shanghai Jiao Tong University, and Shanghai Tenth People's Hospital of Tongji University.

  • PR Newswire3 months ago

    Ping An continues steady growth in 1Q 2019 with 21% YoY increase in operating profit

    Net profit attributable to shareholders of the parent company increased 77.1% year on year to RMB45, 517 million. NBV of the life and health insurance business strengthened. While maintaining balanced growth in scale and value, the Company attaches greater importance to stable quarterly growth in business, enabling sustainable business growth and healthy growth in the size of our sales agent team. In the first quarter of 2019, under the belief that "insurance should be protection-oriented," the Company proactively adjusted the product mix by de-scaling short-PPP (Premium Payment Period) savings products and increasing focus on long-term protection products and hybrid long-PPP protection and savings products.

  • Reuters3 months ago

    China's Ping An Insurance profit jumps on strong investment returns

    SINGAPORE/BEIJING (Reuters) - Ping An Insurance (Group) Co of China Ltd, the country's largest insurer by market value, posted a 77 percent jump in first-quarter net profit on strong investment returns driven by a capital market recovery. Ping An, the only Asian insurer deemed globally systemically important by regulators, said its net profit came in at 45.52 billion yuan ($6.76 billion) for the quarter ended March, versus 25.70 billion yuan in the same period last year. Ping An's bottom line was pushed up by investment income that rose more than six times to 46.6 billion yuan.

  • Reuters3 months ago

    DIARY-Hong Kong corporate earnings week ahead

    April 26 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start Time RIC Company Event Name (GMT) 29-Apr-2019 AMC 601939.SS China Construction ...

  • PR Newswire3 months ago

    Ping An Wins Three Championships at ISBI with its AI Image Technologies

    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.

  • PR Newswire3 months ago

    Ping An Overseas Holdings Announces the Closing of Ping An Global Infrastructure Funds with $758 Million in Commitments

    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.