|Bid||85.150 x 0|
|Ask||85.200 x 0|
|Day's range||85.000 - 86.450|
|52-week range||40.900 - 98.850|
|PE ratio (TTM)||21.89|
|Forward dividend & yield||1.22 (1.43%)|
|1y target est||97.38|
Visitors to the Hangzhou head office of Ant Financial are usually invited to contemplate a huge digital display with flashing lights that conveys the latest information on the financial unit of ecommerce ...
These days, every big finance company worth its salt is finding ways to boost its bottom line with technology. Few are going quite as far as Ping An Insurance (Group) Co.
Ping An Good Doctor, a Chinese healthcare app backed by Ping An Insurance (2318.HK), is planning to raise approximately USD1 billion via a initial public offering on the Hong Kong stock exchange in the first half of next year, the South China Morning Post reported citing sources familiar with the matter. Five of the 10 biggest IPOs to have taken place in Hong Kong this year have involved mainland tech and internet companies and Ping An Good Doctor chairman Wang Tao is hoping to tap that growing interest, according to the report.
A surge in Ping An Insurance (Group) Co.’s shares this year has made it the world’s second-largest insurer by market value behind only Berkshire Hathaway Inc. And the rally may not be done yet.
SHANGHAI, Nov 20, 2017 - (ACN Newswire) - From PEOPLE.cn SHANGHAI--Recently, KPMG International, one of Big Four accounting firms has teamed up with H2 Ventures, a Fintech Venture Capital corporation to jointly announce the 2017 list of the year's best fintech innovators from around the world (The Fintech100), in which, Lufax ranked No.6 with its impressive performance in big data analysis and advanced risk assessment models, also hit the first spot in the "Trading and Capital Markets Platform" category. The Fintech100 has strong impact internationally, including 100 outstanding fintech companies from 29 countries. It represents the most innovative companies, creating products and services at the juncture of technology and financial services who are seeking to disrupt the existing processes and products that dominate the marketplace, as well as to discover the next most promising unicorn in the industry.
HONG KONG, Nov 15, 2017 - (ACN Newswire) - "It only takes a few minutes or even seconds to make a decision on a loan, which in turn increases the loaning opportunity for each borrower," said Greg Gibb, opening his keynote speech on the impact that Big Data and Artificial Intelligence (AI) will have on the financial sector. Greg believes that big data and AI financial management can increase market transparency, and as such, financial institutions could render investors with more pertinent services and assist their clients to diversify investment risk, while improving operational efficiency and sustaining real economic development. Greg pointed out that big data and AI help institutions to understand the credit standing of an individual borrower from multiple perspectives so that a rapid decision could be made.