Streetbeat News

PNGAY

Ping AN Insurance (Group) Co. of China, Ltd.

http://www.pingan.cn/

CEO

Mingzhe Ma

Industry

Direct Life Insurance Carriers

Open

11.88

Mkt cap

58B

Volume

12K

High

12.03

P/E Ratio

6.20

52-wk high

15.80

Low

11.82

Div yield

0.05

52-wk low

7.60

Ping An Bank, a subsidiary of Ping An Insurance, has provided a RMB2.3 billion loan to Yulin Chemical Co. Ltd., part of Shaanxi Coal Group, to support its green transition efforts.

Portfolio Pulse from

January 22, 2025 | 10:15 am

Ping An Insurance has offered to buy the remaining stake in its healthcare arm, Ping An Healthcare, valuing it at $1.7 billion.

Portfolio Pulse from

January 07, 2025 | 3:45 pm

Ping An Health supported the release of new standards for remote and internet-based family doctor healthcare services in China, developed with guidance from Peking University and the Chinese Aging Well Association.

Portfolio Pulse from

December 31, 2024 | 7:45 am

Ping An Insurance received the Director of the Year Award and the Climate Governance Award for 2024 from the Hong Kong Institute of Directors.

Portfolio Pulse from

November 29, 2024 | 3:00 am

Ping An Insurance is a leading company in China's insurance, savings, and healthcare sectors. Despite recent stock underperformance, it offers a 5.7% dividend yield and significant long-term growth potential. The company is undervalued compared to peers but has strong financial performance and a robust balance sheet.

Portfolio Pulse from

November 24, 2024 | 2:15 am

Ping An Insurance co-hosted a Fintech Forum at the 2024 World Internet Conference Wuzhen Summit, focusing on fintech development in the digital intelligence era.

Portfolio Pulse from

November 22, 2024 | 12:45 pm

Ping An Health has launched the 'Healthy Steps' initiative to improve national health literacy in China, supporting the 'Healthy China 2030' blueprint. The initiative is a collaboration with the Shanghai Volunteers Association for Science and Technology Promotion.

Portfolio Pulse from

November 15, 2024 | 3:15 am

Ping An Insurance has been ranked #1 in insurtech on Fortune's Fintech Innovators Asia list, highlighting its leadership in the fintech sector.

Portfolio Pulse from

November 07, 2024 | 12:45 pm

Ping An, a major shareholder of HSBC, is exploring ways to reduce its $13 billion stake in the bank. This move could have significant implications for HSBC's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:54 pm

Chinese authorities have reportedly asked Ping An Insurance Group to take a controlling stake in Country Garden, the nation's largest private property developer. The move is seen as part of the government's efforts to stabilize the real estate sector.

Portfolio Pulse from Charles Gross

November 08, 2023 | 10:34 am

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