|Bid||67.48 x 0|
|Ask||67.49 x 0|
|Day's Range||64.97 - 67.50|
|52 Week Range||53.32 - 81.28|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||84.67|
Sep.06 -- Jessica Tan, deputy chief executive officer of Ping An Insurance (Group) Co., China’s largest insurer by market value, explains why the company is investing in technology research. She speaks on the sidelines of the "Sooner Than You Think' technology summit in Singapore with Haslinda Amin on "Bloomberg Markets: Asia."
Aug.21 -- James Garner, group chief strategist at Ping An Insurance (Group) Co, talks about the company's financial results and business outlook. Net income rose 34 percent in the first half, while profitability at its key life insurance operations in mainland China is now the weakest in six years. Garner speaks on "Bloomberg Daybreak: Asia."
* PREVIOUS TRADING SESSION MOVES: * SSEC +1.1 pct, CSI300 +1.3 pct, HSI +1.2 pct * HK- Shanghai Connect daily quota used 1.5 pct, Shanghai- HK daily quota used 3.5 pct * HK- Shenzhen Connect daily ...
Sept 19 (Reuters) - Shanghai Stock Exchange : * FILING SHOWS BLOCK TRADE OF PING AN INSURANCE GROUP CO OF CHINA LTD'S 50.2 MILLION A-SHARES INVOLVING 3.2 BILLION YUAN ($466.96 million) ON SEPT 19 Source ...
Rick Singer, the former chief executive officer of Chinese insurer Ping An’s U.S. real estate venture, has joined Winter Properties as president. Singer starts this month at Winter, a New York-based real estate investment, management and development company backed by the founders of closely held Standard Industries. “Rick’s background and leadership will give us the ability to accelerate the execution of our strategy,” Winter Properties Co-CEO David Winter said in a statement to Bloomberg.
The Qatar Investment Authority is in advanced talks about an investment in Lufax, China’s biggest online lender, as the sovereign wealth fund seeks to tap into the world’s second-largest economy, people familiar with the matter said. QIA has been negotiating the potential purchase of a minority stake in Lufax, which is an arm of China’s Ping An Insurance (Group) Co., according to the people. Ping An, China’s largest insurer by market value, has been spending on technology to make its insurance, banking and asset management businesses more competitive.
Sept 14 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS JAN-AUG PREMIUM INCOME TOTALLED 506.4 BILLION YUAN ($73.90 billion) Source text in Chinese: https://bit.ly/2Qv28zp Further company coverage: ...
Jessica Tan, deputy chief executive officer of Ping An Insurance (Group) Co., China’s largest insurer by market value, explains why the company is investing in technology research. She speaks on the sidelines ...
Half Year 2018 Ping An Insurance Group Co of China Ltd Earnings Call (Chinese, English)
The largest Chinese insurer by market value is 2018’s most popular mainland stock among foreign investors, who have net bought 16.1 billion yuan ($2.4 billion) of its Shanghai-traded shares, according to Bloomberg calculations. On the other hand, it’s being ditched in Hong Kong by Chinese investors. “Views are diverging between mainland and foreign investors toward Ping An,” said Steven Lam, a Hong Kong-based analyst at Bloomberg Intelligence.
At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong's retail and small business banking market as the regulator prepares to award the former British colony's first online-only banking licenses. Bidders hoping to challenge the dominance of HSBC (HSBA.L) and its local rivals, Bank of China (Hong Kong) (2388.HK) and Standard Chartered (STAN.L), include China's Ant Financial, Tencent , and Ping An Insurance , several people familiar with the process said. StanChart on Thursday said it had set up a new entity for digital banking and had submitted an application for a license.
Moody's Investors Service has assigned a first-time A2 issuer rating to Shenzhen Investment Holdings Co., Ltd. (SIHC). SIHC's A2 issuer rating considers its baseline credit assessment (BCA) of baa2 as well as the potential for support in times of stress, based on the assumption of a very high dependence on and high level of support from its local government owner, which results in a rating that is three notches above its BCA. Moody's support assessment reflects SIHC's important role as a key state-owned capital investment company for the Shenzhen Government which owns 100% of the company.
When William Zhang's car insurance was about to expire in March, he didn't need to look far for renewal options. Since his initial policy was from Ping An Insurance Group , it was natural the company had been in touch. "What confuses me is how other insurance companies knew about it," said Zhang, a 26-year-old government employee from Shandong.
When William Zhang's car insurance was about to expire in March, he didn't need to look far for renewal options. Since his initial policy was from Ping An Insurance Group, it was natural the company had been in touch. "What confuses me is how other insurance companies knew about it," said Zhang, a 26-year-old government employee from Shandong.
Moody's Investors Service has assigned a (P)Baa2 senior unsecured program rating to the USD 3 billion backed Medium Term Note Programme of Vigorous Champion International Limited (the Issuer). Vigorous Champion International is a special purpose vehicle and wholly-owned subsidiary of China Ping An Insurance Overseas (Holdings) Limited (PAOH, issuer rating Baa2 stable), which is a wholly-owned subsidiary of Ping An Insurance (Group) Company of China, Ltd. (Ping An Group) and is the offshore financing and investment platform of Ping An Group and its affiliates. The (P)Baa2 programme rating takes into account an unconditional and irrevocable guarantee from PAOH.
Aug 22 (Reuters) - Easyknit International Holdings Ltd : * DISPOSED 607,800 PING AN INSURANCE (GROUP) CO OF CHINA SHARES FROM 7 AUG TO 20 AUG * GROUP IS EXPECTED TO RECOGNIZE A LOSS OF ABOUT HK$6.7 MILLION ...
James Garner, group chief strategist at Ping An Insurance (Group) Co, talks about the company's financial results and business outlook. Net income rose 34 percent in the first half, while profitability ...
One of China’s most significant personal financial services groups will preview its “Smart City” project, which will focus on smart solutions to city operations.
One of China’s most significant personal financial services groups will preview its “Smart City” project, which will focus on technology and finance in the insurance-providing space. One of China’s largest personal financial service groups, Ping An, is debuting its innovative new Smart City and AI initiatives at next week’s China Smart City Expo in Shenzhen, China. Through their Smart City initiative, the Ping An will cement its status as a global technology and financial services powerhouse.
Investing.com – Chinese insurance giant Ping An Insurance (HK:2318) is considering acquiring the U.K.-based Prudential Plc's (LON:PRU) Asian business, which could be valued at $51.5 billion, Bloomberg reported on Thursday, citing people familiar with the matter.
Ping An has evaluated acquiring the U.K. insurer's fast-growing business in the region, Manuel Baigorri, Ruth David, Steven Yang and Zhang Dingmin of Bloomberg News wrote Wednesday. The Shenzhen-based firm has gone so far as to talk to banks about financing a deal that, including Prudential's Eastspring asset management, could be valued at $51.5 billion, analysts at Panmure Gordon & Co. reckon. Prudential Chief Executive Officer Mike Wells has made no secret of its love for Asia over a low-growth, mature U.K. business.
(Adds Prudential Plc, Yandex, Shenzhen Energy, Fox, Starwood, Lanxess; Updates HNA Group) Aug 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday: ...
Insurer Prudential (PRU.L) is unlikely to split into two before late 2019, it said on Wednesday as growth in Asia helped it beat first-half profit forecasts. Britain's largest listed insurer said in March it planned to demerge M&G Prudential, its UK and Europe life insurance and asset management business, into a separate business with a London listing. The remaining Prudential business will focus on Asia and the United States.