Ping An Insurance (Group) Company of China, Ltd. (PNGAY)
| Previous close | 10.01 |
| Open | 9.90 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 9.90 - 10.25 |
| 52-week range | 7.60 - 15.66 |
| Volume | |
| Avg. volume | 307,626 |
| Market cap | 99.175B |
| Beta (5Y monthly) | 0.78 |
| PE ratio (TTM) | 8.01 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.69 (6.75%) |
| Ex-dividend date | 08 Sept 2023 |
| 1y target est | N/A |
- Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
- Bloomberg
Ping An Profit Falls as Market Rout Hurt Investment Returns
(Bloomberg) -- Ping An Insurance (Group) Co.’s profit dropped 4.3% in the first quarter as stock-market declines and falling bond yields eroded investment returns. Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount Rack‘Mag Seven’ Roar as Tesla Jumps in Late Hours: Markets WrapTaylor Swift Is Proof That How We Critique Music Is BrokenNet income fe
- 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.
