Ping An Insurance (Group) Company of China, Ltd. (PNGAY)
- PR Newswire
Ping An Releases 2023 Sustainability Report
Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has published the "Ping An Sustainability Report 2023: Together With Hope" (hereafter "the Report"). The Report highlights the Group's innovation and practices in sustainable development in 2023 in five areas, including sustainable development and strategy management, sustainable business, sustainable operations and community, sustainable governance and Task Force
- Reuters
Ping An Trust delays repayment, citing China property market woes
BEIJING (Reuters) -A subsidiary of China's Ping An Insurance failed to repay a roughly $107 million trust product on time, citing the property market crisis and adding that it is suing developer Zhenro Properties with which it invested the sum. Concerns have grown over the past year about the outsized exposure of China's $3 trillion shadow banking sector, roughly the size of Britain's economy, to developers and the wider economy as the real estate sector lurched from one crisis to another. Ping An Trust has delayed repayment of its "Funing 615" trust plan, it said in a statement on Wednesday.
- PR Newswire
Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector
Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has again received a "Low Risk" ESG Risk Rating from Sustainalytics, ranked first in Mainland China's insurance sector. With a risk rating score of 17, this is the second time Ping An received a "Low Risk" ESG Risk Rating, confirming the superb ESG risk management capability of the Group.
