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Nervous markets await NvidiaPing An Insurance Group is a OTC stock, trading under the symbol 2318-HK on the (). It is usually referred to as or 2318-HK
In the last year, there was no coverage of Ping An Insurance Group published on Stockchase.
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In the last year, there was no coverage of Ping An Insurance Group published on Stockchase.
On 2019-10-24, Ping An Insurance Group (2318-HK) stock closed at a price of $94.55.
This is the largest life insurance company in China. It is a diversified, with 2/3 of their business life and nonlife, but they also have Ping An Bank and Ping An Trust, which issues wealth management products. She likes the insurance as a secular growth theme because of the big savings pool. People in China like to save. Now that they are wealthier, they are starting to think more about safety. Inexpensive, trading at around 11X earnings, and growing earnings at about 13% year-over-year. Dividend yield of 1.9%. (Analysts’ price target is HKD72.24.)