Ping An Insurance Group Co of China Ltd

Earnings data Q1 2024

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Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It also engages in life insurance, property and casualty insurance, trust, securities, banking, and other businesses. It operates through the following segments: Life and Health Insurance, Property and Casualty Insurance, Banking, Trust, Securities, Other Asset Management, and Technology Business. The Life and Health Insurance segment offers life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life and health care and medical insurance, reflecting performance summary of life insurance, annuity assurance, and health insurance subsidiaries. The Property and Casualty Insurance segment provides insurance products including auto insurance, non-auto insurance, accident and health insurance, reflecting performance of property and casualty insurance subsidiary. The Banking segment undertakes loan and intermediary business, wealth management, and credit card services. The Trust segment provides trust services and undertakes investing activities. The Securities segment undertakes brokerage, trading, investment banking and asset management services. The Other Asset Management segment provides investment management services and financial leasing business, reflecting performance of asset management and financial leasing and the other asset management subsidiaries. The Technology Business segment provides financial and daily-life services through internet platforms such as financial transaction information service platform, health care service platform, reflecting performance summary of the technology business subsidiaries, associates and jointly controlled entities. The company was founded by Ming Zhe Ma on March 21, 1988 and is headquartered in Shenzhen, China.

HONG KONG and SHANGHAI , April 15, 2024 /PRNewswire/ -- 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").

Ping An Releases 2023 Sustainability Report

HONG KONG and SHANGHAI , April 9, 2024 /PRNewswire/ -- 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.

Ping An receives Low Risk ESG rating from Sustainalytics Still #1 in Mainland China's insurance sector

HONG KONG and SHANGHAI, March 26, 2024 /PRNewswire/ -- Brand Finance, the leading brand valuation consultancy, has released its annual report on the most valuable and strongest insurance brands, Insurance 100 2024. (Ping An Insurance (Group) Company of China, Ltd.

Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%

Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript

Life Insurance Rebounded with Life & Health NBV Growing 36.2% HONG KONG and SHANGHAI , March 21, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) today announced its financial results for the year ended December 31, 2023.

Ping An Reports RMB117,989 million of Operating Profit Attributable to Shareholders of the Parent Company in 2023, cash dividend increased for 12 consecutive years

HONG KONG and SHANGHAI , Jan. 18, 2024 /PRNewswire/ -- Leading brand valuation consultancy Brand Finance has named China's Most Valuable Insurance Brand as Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318).

Ping An Named Brand Finance's Most Valuable Insurance Brand in China for the 8th Consecutive Year

HONG KONG and SHANGHAI , Dec. 19, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance (ESG) Information for Insurance Institutions, hosted by the Insurance Association of China.

The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An

HONG KONG and SHANGHAI , Dec. 15, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has won the ESG Excellence Awards 2023 in the category of Main Board Companies – Hang Seng Index Constituent Companies.

Ping An Receives Hong Kong ESG Excellence Awards 2023

Continued to rank 1st in Multi-Line Insurance & Brokerage Industry in APAC HONG KONG and SHANGHAI , Nov. 29, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that it has been rated A in the Morgan Stanley Capital Investment's (MSCI) latest ESG Ratings, this is the second consecutive year for Ping An to be awarded an A rating, and continued to rank 1st in multi-line insurance & brokerage industry in APAC.

Ping An Awarded A in MSCI ESG Ratings for Two Consecutive Years

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Regional Management

AMR, PNGAY and RM have been added to the Zacks Rank #5 (Strong Sell) List on November 28, 2023.

New Strong Sell Stocks for November 28th

HONG KONG and SHANGHAI , Nov. 28, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that Ping An Bank, its subsidiary, has been awarded the 2023 Terra Carta Seal from the Sustainable Markets Initiative for the bank's leadership in creating a climate and Nature-positive future.

Ping An Bank awarded 2023 Terra Carta Seal from Sustainable Markets Initiative

HONG KONG and SHANGHAI , Nov. 26, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is pleased to announce that Dr. Ma Mingzhe, Chairman of Ping An, has been honored by The Hong Kong Institute of Directors.

Ping An Chairman Dr. Ma Mingzhe Receives Director of The Year Award from The Hong Kong Institute of Directors

Shares of Country Garden ended sharply higher on Wednesday after a report that the Chinese government wanted Ping An Insurance to take control of the company.

Country Garden shares rally on disputed report that Ping An was asked to buy it

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden , the nation's biggest private property developer, four people familiar with the plan told Reuters.

Reaction to Reuters report on Ping An, Country Garden

HONG KONG and SHANGHAI , Nov. 7, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has achieved the rating of "Achiever" in the Business Sustainability Indices (BSI) published by The Chinese University of Hong Kong.

Ping An Ranked in CUHK's Business Sustainability Indices with Rating of "Achiever"

HONG KONG and SHANGHAI , Nov. 6, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) hosted its 2023 Investor Day in Shenzhen.

Ping An Discloses the Integrated Finance Model In Detail Building an Economic Moat with Six Unique Advantages, Driving High-quality Development with Three Operation Indicators

HSBC Holdings

The net interest margin party is not over for every big bank in the FTSE 100 lot. HSBC Holdings PLC (LSE:HSBA)'s third quarter was a strong one in most respects, with revenues increasing 40% yearly to $16.2 billion and pre-tax profit rising by $4.5 billion to $7.7 billion (though this was partially due to a 2022 impairment hit).

HSBC seeks to satisfy Ping An with buybacks and penny pinching

Operating Profit Attributable to Shareholders of the Parent Company Reaches RMB112,482 Million, Life & Health NBV Sharply Increases by 40.9% YoY Net Assets Attributable to Shareholders of the Parent Company Exceeds RMB900 Billion HONG KONG and SHANGHAI, Oct. 27, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) today announced its results for the nine months ended September 30, 2023.

Ping An Maintains Resilient Performance in 9M 2023

HONG KONG and SHANGHAI, China , Oct. 20, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) established the Ping An Biodiversity and Environmental Conservation Charitable Trust (hereinafter "the Trust") at a signing ceremony in Shenzhen.

Ping An establishes China's first charitable trust for mangrove ecosystem conservation to promote sustainable development

HONG KONG and SHANGHAI , Oct. 13, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is pleased to announce it has won the "Outstanding ESG Performance of H-share Companies Awards" and received the Certificate of Merit of the "Theme Award" at the BDO ESG Awards 2023.

Ping An triumphs at BDO ESG Awards-- "Outstanding ESG Performance of H-share Companies Awards"

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Industrial and Commercial Bank of China Limited

The Chinese economy is definitely experiencing some major growing pains, as the nation's real estate sector is undergoing a significant downturn. Meanwhile, its exports and manufacturing sector are decelerating.

Ticking Time Bombs: 3 Chinese Stocks to Dump Before the Damage Is Done

Ping An Insurance Group Co of China Ltd (OTCPK:PNGAY) Q2 2023 Earnings Conference Call August 29, 2023 11:45 PM ET Company Participants Ruisheng Sheng - Board Secretary Gareth Hewett - Head of International Public Relations and ESG Fu Xin - Chief Operating Officer Jessica Tan - Executive Director, Co-CEO & EVP Zhang Zhichun - Group Chief Financial Officer Conference Call Participants Ruisheng Sheng Thank you. Please take your seats.

Ping An Insurance Group Co of China Ltd (PNGAY) Q2 2023 Earnings Call Transcript

HONG KONG and SHANGHAI , Aug. 29, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) today announced its 2023 interim results for the six month period ended 30 June 2023.

Ping An's NBV up 45% YoY in the first half of 2023, interim cash dividend per share grows to RMB0.93

Managed care business delivers robust performance  Market leadership in corporate health management drives loss narrowing by 47.2% HONG KONG and SHANGHAI , Aug. 24, 2023 /PRNewswire/ -- Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor" or "Ping An Health", Stock Code: 1833.HK) presents its 2023 interim results. Closely integrated into Ping An's "integrated finance + healthcare" strategy, Ping An Health has consistently pursued its unique business model of "managed care + family doctor memberships + O2O healthcare services", continuing to exemplify a model example of China's managed care system.

Ping An Health announces 2023 interim results

HONG KONG and SHANGHAI , Aug. 3, 2023 /PRNewswire/ -- Fortune has announced the 2023 Global 500 list. Ping An Insurance (Group) Company of China, Ltd.

News for Ping An Insurance Group Co of China Ltd Stock (PNGAY)