82318 PING AN-R
- 31.850
- +0.300+0.95%
PING AN-R News
Hong Kong stocks surged | The People's Insurance (01339) rose more than 3%, leading the mainland insurance companies. Citigroup said that the majority of insurance companies performed better than expected in the first half of the year.
Mainland insurance companies continued their recent upward trend. As of the time of writing, the People's Insurance (01339) rose 3.05%, to HKD 3.04; PICC P&C (02328) rose 2.93%, to HKD 10.54; China Pacific Insurance (02601) rose 2.23%, to HKD 20.65; Ping An Insurance (02318) rose 0.85%, to HKD 35.4.
Head insurance asset management profit remained stable with slight increase in the first half of the year, but the industry is generally concerned about increased pressure in the second half of the year. "Stocks and bonds both face challenges."
① According to multiple insiders in the insurance asset management industry, the investment performance of various institutions in the bond market improved in the first half of the year. However, the subsequent challenges of the stock and bond markets will test the investment capabilities of these institutions. ② Some industry experts pointed out that currently, it is difficult to invest in non-standard (products). The latest data shows that the business of innovative products in insurance asset management contracted in the first half of the year, and the issuance of non-standard bond rights is still in a downward trend.
China Merchants Securities: High dividend stocks are expected to continue to be a key direction for increases in risky assets allocation.
China Merchants released research reports stating that the investment assets of listed insurance companies account for a large proportion of the industry, with a steady and healthy growth in scale in the first half of 2024, maintaining a balanced and stable allocation structure, and a significant improvement in the total investment yield.
Hong Kong Exchanges and Clearing Limited will launch a weekly series of stock options starting from November 4th for trading.
HKEX will launch ten listed stock options contracts, which will be available for market participants to trade from November 4, 2024.
After the mid-term report, the stock price has risen by 9%, and the brokerage collectively bullish on Ping An Insurance.
The opportunity on the right may have already emerged.
Hong Kong Stock Market: New China Life Insurance (01336) rose more than 9%, leading the mainland insurance companies. The prosperity of the life insurance liability side in the third quarter may continue to improve.
Mainland insurance companies continue to rise in the near term. New China Life Insurance (01336) rose 9.9%, closing at HK$17.32; China Pacific Insurance (02601) rose 4.73%, closing at HK$20.15; China Life Insurance (02628) rose 4.64%, closing at HK$11.72; Ping An Insurance (02318) rose 3.05%, closing at HK$37.15.
Industrial and Commercial Bank of China (01398.HK) received a shareholding of 12.655 million shares from Ping An Insurance.
According to the latest equity disclosure data from the Hong Kong Stock Exchange, on August 23, 2024, Industrial and Commercial Bank of China (01398.HK) received a shareholding of 12.655 million shares from Ping An Insurance Group Co., Ltd. at an average price of HK$4.6961 per share, involving approximately HK$59.4291 million. After the shareholding, the latest shareholding of Ping An Insurance Group Co., Ltd. is 12,159,326,000 shares, and the shareholding percentage has increased from 13.99% to 14.00%.
Express News | UBS Group AG's Long Position in H-Shares of Ping an Insurance Increases to 9.19% on Aug 22 From 8.72% - HKEX
Ping An Health (01833) turned losses into profits in the first half of the year, CITIC Lyon bullish on F-end business recovery, maintaining a "outperform the market" rating.
Ping An Health (01833) announced its mid-term performance for 2024, with total revenue of 2.093 billion yuan (RMB); gross profit of 0.674 billion yuan; shareholder's attributable net profit of 56.648 million yuan, compared to a shareholder's attributable loss of 0.245 billion yuan in the same period of the previous year, turning the loss into profit.
Industrial and Commercial Bank of China (01398.HK) received a shareholding of 14.077 million shares from Ping An Insurance.
According to the latest equity disclosure data from the Hong Kong Stock Exchange, on August 21, 2024, Industrial and Commercial Bank of China (01398.HK) received a shareholding of 14.077 million shares from Ping An Insurance (Group) Co., Ltd. at an average price of HKD 4.6426 per share, involving a total of approximately HKD 65.3539 million. After the shareholding, the latest number of shares held by Ping An Insurance (Group) Co., Ltd. is 12,155,337,691 shares, and the shareholding ratio has increased from 13.98% to 14.00%.
Ping An Insurance (02318): All the preconditions for Lufax's tender offer have been met.
Lukong (06623) and Ping An Insurance (02318), regarding Morgan Stanley as the representative of the consortium to make a strong tender offer...
[Special Guest V] Deng Shengxing: The Federal Reserve strongly hinted on Friday that it will start cutting interest rates in September, but Hong Kong stocks continue to show weak performance.
金吾财讯 | Hang Seng Index closed at 17612 on Friday (23rd), down 28 points or 0.16%. The market's total trading volume for the day was 78.773 billion yuan. The H-share index fell 5 points to 6219. The technology index fell 1.1% to 3468. Ping An Insurance (02318) was favored by investors after announcing its performance, closing up 3.6% at 35.55 yuan, making it the best performing blue chip; the company's net profit for the first half of the year increased by 6.8%, and new business grew by 11%. Dow Jones Industrial Average closed at 41175 points on Friday (23rd), up 462 points or 1.14%. The S&P 500 rose 1.15% to 5634 points; the Nasdaq rose 1.47% to 1
Hong Kong stocks closed on August 23, with the Hang Seng Index falling by 0.16%. Insurance stocks bucked the trend and rose, with Taiping Angel (06699) surging 17% after its performance announcement.
The Hong Kong stock market performed poorly all day, with the three major indexes collectively under pressure and declining. At the close, the Hang Seng Index fell by 0.16% or 28.90 points to 17,612.10 points.
Ping An Insurance's mid-term earnings conference response to market hotspots: future product structure will focus on dividend insurance, increase long-term interest rate bonds, and closely follow the dumbbell combination of national new productive forces.
① In the first half of the year, Ping An Insurance achieved a net income attributable to the parent company of 74.619 billion yuan, a year-on-year increase of 6.8%. ② The net income attributable to the parent company of Ping An Life Insurance and health insurance sector reached 50.6 billion yuan, accounting for nearly 70% of the group's profit. ③ Ping An Asset Management business achieved a net profit of 1.685 billion yuan, a year-on-year decrease of 14.7%.
Hong Kong stocks are active | Insurance stocks rose in the morning, and the China Banking and Insurance Regulatory Commission will guide the industry to timely adjust the pre-determined interest rates for life insurance products.
Insurance stocks rose in the morning, as of the time of publication, China Pacific Insurance (02601) rose 4.72% to HKD 19.54; Ping An Insurance (02318) rose 3.64% to HKD 35.55; China Life Insurance (02628) rose 2.25% to HKD 10.92; New China Life Insurance (01336) rose 2.18% to HKD 15.02.
Hong Kong stocks have seen a surge | Ping An Insurance (02318) rose nearly 3% after its performance announcement. The net income attributable to the parent company in the first half of the year increased by 6.84% year-on-year, and the improvement trend in
Ping An Insurance (02318) rose nearly 3% after the performance announcement. As of the time of writing, it is up 2.77% to HKD 35.25, with a turnover of HKD 1.071 billion.
Hong Kong Shares Fall, Weighed by Risk-Off Sentiment -- Market Talk
Ping An Insurance H1 Profit Up 7%, Operating Income Climbs 1%
[Hong Kong Stock Connect] Ping An Insurance (02318) reported a 6.84% year-on-year increase in net profit attributable to equity holders for the first half of the year, and declared an interim dividend of 0.93 RMB.
Jingu Caixun | Ping An Insurance (02318) announced that the net profit attributable to the parent company for the six months ended June 30, 2024 was recorded at 74.619 billion yuan (RMB), a year-on-year increase of 6.84%, with a basic earnings per share of 4.21 yuan. The company will distribute an interim dividend of 0.93 yuan in cash per share to shareholders. During the period, the total income was 554.097 billion yuan, a year-on-year increase of 1.46%. In the first half of the year, Ping An Property & Casualty Insurance's service income was 161.91 billion yuan, a year-on-year increase of 3.9%; through strengthening business management and risk screening, Ping An Property & Casualty Insurance maintained an overall combined ratio of 97.8%.
Hong Kong stock announcement: Netease-S second quarter gross profit was 16.042 billion yuan, a year-on-year increase of 11.6%. Multiple highly anticipated new Netease games made their debut on the leading game platform globally.
Netease-S (09999) released its second-quarter performance, with a gross profit of 16.042 billion yuan, an increase of 11.6% year-on-year. Multiple highly anticipated new games from NetEase made their debut on the global leading game platform; Bilibili-W (09626) achieved a gross profit of 1.833 billion yuan in the second quarter, a year-on-year increase of 49%, and achieved a continuous improvement in gross margin for the eighth consecutive quarter...
Analysis
Price Target
No Data
