02318 PING AN
- 42.600
- -1.650-3.73%
PING AN News
Big Bank Ratings丨Jefferies: Predicting mixed results for China's life insurance stocks in the next quarter, favoring Ping An of China
Jefferies released a report saying that China's life insurance stocks have risen 20% to 40% since this year, benefiting from stabilizing interest rates and improving market sentiment. However, the bank is wary of the remaining structural challenges in the industry and urges investors to remain selective. The industry's profit for the next quarter may improve year over year, but the value of the new business is facing a high base. The bank predicts that China's life insurance stocks will perform mixed in the next quarter. The low base of seasonal dividend income and stock profit will drive the quarterly and yearly recovery of investment income and profits, but the high base from May to July will drag down negative growth in the value of new businesses. The bank favors Ping An of China, which is based on lower valuations, stronger underwriting profitability and investment
Ping An Insurance Buys Back Shares for Incentive Scheme
Ping An Insurance (SHA:601318, HKG:2318) repurchased 3.7 million Shanghai-listed shares for 157.5 million yuan as part of the group's employee incentive scheme, a Tuesday filing on the Hong Kong bours
Nomura Adjusts Ping An Insurance (Group)'s Price Target to HK$60.86 From HK$54.41, Keeps at Buy
03:00 AM EDT, 05/22/2024 (MT Newswires) -- Nomura Adjusts Ping An Insurance (Group)'s Price Target to HK$60.86 From HK$54.41, Keeps at Buy Price (HKD): $44.40, Change: $+0.10, Percent Change: +0.23%
China Merchants Securities: In April, the premium income of listed insurers was steady, and the asset side ushered in triple catalysis
Recently, listed insurers disclosed the original insurance premium income from January to April 2024. The monthly increase in life insurance premiums of various companies in April was mainly driven by renewal, and the value performance may be better than expected; the growth rate of financial insurance premiums is not expected to be due to differences in the auto insurance business.
Ping An of China (02318): The 2024 core personnel shareholding plan has purchased 3.724,800 A-shares
Ping An of China (02318) announced the 2024 core personnel shareholding plan and the 2024 long-term service plan...
Hong Kong Stock Concept Tracking | The premiums of the top five listed insurers maintained positive growth in the first 4 months. Institutions are optimistic about investment opportunities in the life insurance sector (with concept stocks)
China Merchants Securities believes that as asset-side stock markets, real estate, and interest rates usher in triple catalysis, the constraints that suppress profit performance and stock price valuation in the life insurance sector are expected to be fully opened up.
Market Chatter: Ping An's Asset Arm Affirms Long-Term Investment Commitment in HSBC
Ping An Insurance Group's (SHA:601318, HKG:2318) asset management arm, Ping An Asset Management, affirmed that its investment in HSBC (HKG:0005) is for the long term following reports that the insurer plans to pare its stake in the bank, Yicai Global reported Friday.
China Merchants Securities: The insurance sector continues to rise, optimistic about investment opportunities in the life insurance sector
An insurance sector with undervaluation, low holdings, and low expectations, or an excellent choice reflecting the equity market, real estate expectations, and interest rate environment at the moment.
[Special V] Deng Shengxing: The opening of the Hong Kong stock market continues to be strong, and the pre-upward trend has not stopped
Jinwu Financial News | The Hang Seng Index closed at 19,553 points on Friday (17th), up 177 points, or 0.91%, and traded 179.3 billion yuan throughout the day. The national index rose 0.92% to 6934; the technical index rose 0.99% to 4112. Foreign Exchange Control (00005) is rumored to have further reduced its holdings by Ping Bao (02318). Foreign Exchange Control closed down 2.2% today; Ping Bao surged 5.7%.
Today's Morning Movers and Top Ratings: RDDT, GME, ABBV, COIN and More
Reddit stock increased by 12% as the company announced a partnership with OpenAI to incorporate its content into the AI firm's products.
Ping An Would Reduce HSBC Stake Over Prolonged Period, Citi Says -- Market Talk
1045 GMT - If Ping An were to reduce its position in HSBC, it would do so over a prolonged period of time to maximize value and mitigate risk, Citi says in a note following reports that the Hong Kong-
Trends in Beishui | Beishui Transaction's net purchase of 5.957 billion yuan of major real estate policies continues, and Beishui capital is grabbing domestic bank stocks and domestic housing stocks
On May 17, in the Hong Kong stock market, Beishui had a net purchase of HK$5.957 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$3.356 billion and Hong Kong Stock Connect (Shenzhen) had a net purchase of HK$2,601 billion.
“Three arrows go hand in hand” real estate released the strongest voice. What is the logic behind the sharp rise in insurance stocks such as Ping An (601318.SH/2318.HK)?
On May 17, the insurance sector collectively surged, and China's Ping An Hong Kong A-shares joined hands once again. Hong Kong stock prices rose by more than 5 points, and A-share prices closed up by nearly 5 points. The direct catalyst is also the strengthening of market expectations brought about by the introduction of major favorable policies. On the same day, the central bank issued three successive real estate finance policies: adjusting the minimum down payment ratio for personal housing loans, making it clear that the minimum down payment ratio for commercial personal housing loans for the first housing unit was not less than 15% (previous value was 20%), and the minimum down payment ratio for commercial personal housing loans for two housing units was adjusted to no less than 25% (previous value was 30%). At the same time, the first suite and two suites will be divided
Changes in Hong Kong stocks | China Taibao (02601) rose nearly 4%, leading the rise, domestic insurance stocks, insurance asset-side pressure is expected to ease the lifting of the limit on the number of banking insurance partnerships
The Zhitong Finance App learned that domestic insurance stocks continued to rise. As of press release, China Taibao (02601) rose 3.86% to HK$21.5; Ping An (02318) rose 2.56% to HK$44.1; China Life (02628) rose 2.26% to HK$12.66; and Xinhua Insurance (01336) rose 1.37% to HK$17.8. According to the news, China Aviation Securities pointed out that since mid-April, the insurance sector has continued to fluctuate and rise, mainly benefiting from the expected improvement of pressure on the asset side. First, on April 22, the Ministry of Finance stated that “ultra-long-term special treasury bonds will be launched in a timely manner
Domestic insurance stocks generally rose, China Taibao (02601) rose more than 3%, institutions say pressure on insurance assets is expected to ease
Jinwu Financial News | Domestic insurance stocks generally rose. China Taibao (02601) rose 3.38%, while China Life Insurance (02628), AIA (01299), Zhongan Online (06060), and Ping An (02318) rose more than 2%. According to the news, Dongwu Securities said that the short-term central bank's statement that long-term interest rates are too low, that the 1Q24 quarterly report exceeds expectations, and that if the new “Ten National Rules” of insurance are implemented in 2H24, it will greatly catalyze the valuation of the current insurance sector, especially life insurance stocks. Continue to recommend pure life insurance targets that fully benefit from the reversal of asset-side expectations from the bottom. China Aviation Securities said that Hangzhou and other places have liberalized purchase restrictions.
HSBC Falls 3% Amid Reports That Top Shareholder Ping An Is Looking to Trim Its Stake
Citing people familiar with the matter, Bloomberg said that "one option an internal team at the Chinese insurance giant is considering is further share sales, similar to the $50 million sale it disclosed last week." Ping An has butted heads with HSBC's management in recent years, most notably supporting a shareholder motion in 2023 that sought to spin off its Asia business and establish fixed dividends.
[Special V] Ye Shangzhi: There is a possibility that phased excitement will enter the short-term search for the peak
Jinwu Financial News | On May 16, Hong Kong stocks continued to develop a pattern of sharp gains and slight reversals. The Hang Seng Index rose more than 300 points, further testing to close at the level of 19,400 points, and hit a new high in nine months. Meanwhile, market trading volume also continued to increase and cooperate, recording over 200 billion yuan. This is the first time since January 30, 2023 that it has broken through 200 billion yuan in daily turnover. In fact, capital inflows are the biggest driving force for the market. Therefore, with the continuous return of capital, the liquidity of Hong Kong stocks has improved and increased, which is also a catalyst for the recent recovery in Hong Kong stock valuations. Currently, since Hong Kong stocks have already been released
Market Chatter: Ping An Exploring Options to Lower HSBC Stake
HSBC Holdings (HSBA.L) top shareholder Ping An Insurance Group is exploring options to lower its 8% stake, Bloomberg News reported on Thursday, citing people familiar with the matter. The options incl
Ping an Weighs Cut to $13.3 Billion Stake in HSBC, Bloomberg Reports
--China's Ping An Insurance Group is looking at options to reduce its 8% stake in HSBC Holdings, Bloomberg reports, citing people familiar with the matter. --The possibilities under consideration inc
Express News | HSBC Shareholder Ping An Exploring Ways To Cut $13B Stake
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