|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.07 - 20.57|
|52 Week Range||16.93 - 24.20|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||11.80|
|Forward Dividend & Yield||0.36 (1.80%)|
|1y Target Est||N/A|
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.
Ping An Fund Management Co., the fund arm, is launching an ETF tracking ChiNext startup stocks on Monday with a management fee of 0.15 percent, a quarter of the average for peer products. Its 0.05% custodian fee is less than half of the average, according to a prospectus and industry data. China has yet to see the intense price competition for ETFs that’s been occurring in other parts of the world, and there are no dominant players.
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: ...
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 ...
Investors looking to pick up bargains while others are heading for the exit should keep their eye on the likely listing in Hong Kong of warehouse operator Global Switch. Chinese-owned, London-based data-center operator Global Switch is looking at a Hong Kong initial public offering later this year. It operates 11 data centers in major cities in Europe and Asia.
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.
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.
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.
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.
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 ...
Moody's Investors Service says that Shenzhen Investment Holdings Co., Ltd.'s (SIHC) proposed acquisition of a 36% stake in Tsinghua Unigroup Ltd. (Unigroup) and issuance of a special bond have no immediate impact on its A2 issuer rating, or on the A2 senior unsecured rating of the USD notes issued by SIHC International Capital Ltd and guaranteed by SIHC. Moody's estimates that the two developments, if completed successfully, will raise SIHC's debt leverage -- as measured by its market value leverage (MVL) -- to around 18% by the end of 2019 from around 10.1% at the end of 2017.
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) ...
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.
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 ...
SSE: 601318) today presented the strategic upgrade of Ping An Cloud which is entering a new phase of offering cloud services to external customers. Ping An Cloud announced its strategic partnership with GitHub at the event in Shenzhen, the world's largest source code repository and management platform. Meanwhile, consultancy firm IDC also announced the "IDC's White Paper on Cloud Computing of Financial Industry".
SSE: 601318) held its Investor Day, in Shenzhen, themed "Core Finance". During the investor day, the management of the Company sequentially delivered detailed presentations about the structure of Ping An's value and how the company's technology empower the Group's traditional businesses.
HONG KONG and SHANGHAI, Sept. 24, 2018 /PRNewswire/ -- The second 21st Century Maritime Silk Road Forum on International Communication was held in Zhuhai in 19-21 September. SSE: 601318) was invited to attend the forum to demonstrate its core technology and latest technological achievements. Ping An Smart City, a technology subsidiary of Ping An, showcased its "Panoramic Smart City Interactive System" which enables a better understanding of the pulse of a city during the forum.
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.
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.
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.