|Bid||70.34 x 0|
|Ask||70.35 x 0|
|Day's Range||70.05 - 71.44|
|52 Week Range||34.35 - 79.96|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
* PREVIOUS TRADING SESSION MOVES: * SSEC -1.2 pct, CSI300 -1.3 pct, HSI -0.5 pct * Shanghai- HK daily quota used 20.7 pct * Shenzhen- HK daily quota used 5.4 pct * CNY official close 6.6215 per dollar, ...
Dec 12 (Reuters) - Ping An Insurance Group Co of China Ltd : * SAYS UNITS' PREMIUM INCOME IN JAN-NOV TOTALLING 554.8 BILLION YUAN ($83.80 billion) Source text in Chinese: http://bit.ly/2iT0O9P Further ...
Kweichow Moutai, the Chinese drinkmaker made famous when Richard Nixon drank its fiery sorghum liquor on his historic state visit to Beijing in 1972, has been the toast of the mainland's blue chip stock rally, surging 93 percent this year. More broadly, the blue-chip index is up about 22 percent this year, though it's been a bumpy ride higher.
Ping An Insurance (Group) Company of China has built up a 5 percent stake in HSBC, it said in a regulatory filing on Wednesday, making it a 'significant investor' in Europe's biggest bank. HSBC in 2012 sold its $9.38 billion (£7.1 billion) stake in Ping An to a conglomerate controlled by Thailand's then-richest man Dhanin Chearavanont. Ping An said it build up its 5 percent stake in HSBC by buying its Hong Kong-listed shares via the Stock Connect program which allows mainland Chinese companies to buy Hong Kong shares, and vice versa.
Dec 6 (Reuters) - Hong Kong stock exchange filing: * SHOWS PING AN ASSET MANAGEMENT HAS RAISED ITS LONG POSITION IN HSBC HOLDINGS PLC TO 5.01 PERCENT FROM 4.96 PERCENT ON DEC 5 Source text in Chinese: ...
Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion (£3.8 billion) Hong Kong initial public offering, IFR reported, citing people familiar with the situation. Lufax, backed by Ping An Insurance, has mandated Citic Securities, Citigroup, JP Morgan, Morgan Stanley and Goldman Sachs as joint sponsors for the float, according to IFR, a Thomson Reuters publication.
Chinese online healthcare services firm WeDoctor Group, backed by Tencent Holdings Ltd , is looking to raise about $500 million in private funding ahead of its market debut next year, IFR reported, citing people familiar with the matter. WeDoctor is targeting a valuation of about $4 billion in the latest round of fundraising, which is expected to be completed before the Chinese New Year in February, the Thomson Reuters publication reported on Wednesday, citing one of the people. A WeDoctor spokeswoman confirmed the planned fundraising round, but declined to give details.
China's most popular online medical platform, Ping An Good Doctor, is working with Citigroup and JPMorgan on an initial public offering of up to $1 billion, IFR reported. The deal could launch in Hong Kong in the first half of next year, the Thomson Reuters publication reported, citing people close to the process. Good Doctor's plans to list come as Hong Kong has hosted a series of "hot" tech stocks whose first-day gains have been among the best in the world this year, boosting the city's reputation for tech listings.
Chinese stocks ended a choppy day little changed on Friday after suffering their biggest selloff in months the previous session, reflecting a clash between bulls and bears over the implications of fresh government steps to reduce financial risks. While some investors used Beijing's latest crackdowns on shadow banking and micro-lending as an excuse to take profits after a solid rally this year, others were out bargain hunting, betting the regulatory measures will reduce systemic risks.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Ping An Insurance (Group) Co. of China Ltd. Here are 5 ETFs with the largest exposure to 601318-CN. Comparing the performance and risk of Ping An Insurance (Group) Co. of China Ltd. with the ETFs that have exposure to it gives us some ETF choices ... Read more (Read more...)
Banks are facing seismic changes from the impact of new technology that is likely to see many collapse - akin to the near-death of Kodak from its failure to move with the times, a former boss of Barclays has warned. "Banks are structurally uneconomic in their current format," said Antony Jenkins, the former chief executive of Barclays. "But the problem with large financial institutions is they are like museums of technology," Jenkins said, referring to the massive legacy systems firms are still running.
Categories: Yahoo FinanceGet free summary analysis Ping An Insurance (Group) Co. of China Ltd. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Ping An Insurance (Group) Co. of China Ltd. – China Pacific Insurance (Group) Co., Ltd. Class A, New China Life Insurance Co., Ltd. ... Read more (Read more...)
Nov 13 (Reuters) - Ping An Insurance Group Co Of China Ltd * Jan-Oct total accumulated gross premium income of the life insurance business was rmb 338.2 bln Source text for Eikon: Further company coverage:...
Global financial regulators have decided to ditch a "too big to fail" gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as American International Group (AIG.N) and Prudential Financial Inc (PRU.N). Companies singled out for such scrutiny are required to hold extra capital to cover potential losses, increasing overall business costs and potentially reducing shareholder returns.
China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world's second-biggest economy seeks to position itself as a major global finance hub. The move, announced on Friday by vice finance minister Zhu Guangyao, comes a day after U.S. President Donald Trump reiterated calls for better access to Chinese markets in meetings with Chinese President Xi Jinping. Xi is driving broad economic reforms by opening up China’s capital markets, internationalising the yuan currency, and seeking technical know-how through the pursuit of massive inbound and outbound investments.
Citigroup's Asia head of insurance investment banking Donald Lacey is leaving the bank to become the chief operating officer of Ping An Insurance Group Co of China's Global Voyager Fund, sources familiar with the situation said. Lacey, who joined Citi roughly 10 years ago, will start in his new job in a few months, one of the sources told Reuters. Citi and Ping An declined to comment.
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Ping An Insurance (Group) Co. of China Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below ... Read more (Read more...)
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Ping An Insurance (Group) Co. of China Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Ping An Insurance (Group) Co. of China Ltd. reports financial results for the quarter ended June 30, 2017. Highlights Summary numbers: Revenues of CNY 187770 million, Net Earnings of CNY 20374 million. Change in operating cash flow of 466.13% compared to same period last year is about the same as change ... Read more (Read more...)
Half Year 2017 Ping An Insurance Group Co of China Ltd Analyst Luncheon (Chinese, English)