At close, HSI rose 100 pts or 0.5% to 20,049. HSTI rose 39 pts or 1.0% to 3,895. HSCEI gained…
Chinese shareholder Ping An argues split necessary as bank lags behind international peers....…
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The recent share price rebound of Chinese insurers was likely fueled by the stronger value of new business (VNB) growth…
Traders have stepped up bets on US rate cuts soon after the Fed hinted at a pause in its policy…
HSI opened 112 points or 0.6% higher, and trades now at 20,061. HSCEI opened 57 points or 0.9% higher at…
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At close, HSI rose 249 pts or 1.3% to 19,948. HSTI rose 20 pts or 0.5% to 3,856. HSCEI gained…
The life insurance sector realized strong new business value (NBV) growth in the first quarter of 2023, UBS commented in…
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HSI opened 3 points lower and then rebounded, up 275 points to high at 19,974, and closed at 19,899 in…
At midday close, HSI rose 199 pts or 1.0% to 19,899. HSTI rose 23 pts or 0.6% to 3,858. HSCEI…
The global banks biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation....…
The A- and H-shares of Chinese life insurers inched up 55% and 77%, respectively, since November 2022, outperforming the CSI…
Chinese insurers were broadly buoyant as A-share equity markets resumed trading today. PING AN (02318.HK) opened flat today and once…
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At midday close, HSI dropped 348 pts or 1.7% to 19,585. HSTI dropped 92 pts or 2.4% to 3,805. HSCEI…
HSBC HOLDINGS (00005.HK) reported consensus-beating first quarter financial results. Ping An Asset Management, a subsidiary of PING AN (02318.HK), responded…
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At midday close, HSI rose 17 pts or 0.1% to 19,912. HSTI rose 15 pts or 0.4% to 3,916. HSCEI…
The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations…
At close, HSI rose 54 pts or 0.3% to 19,894. HSTI rose 39 pts or 1.0% to 3,901. HSCEI gained…
UOB Kay Hian has inclined the target price for PING AN (02318.HK) from $67.5 to $70.45 and rated it Buy…
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Nomura decreased the target price for PING AN (02318.HK) from $70.11 to $69.92 and maintained its Buy rating in a…
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Big earnings from BYD and Ping An Insurance are giving the market a shot in the arm, overcoming concerns among…
Asian equities were higher, Australia and Thailand fell on light volumes....…
The HSI wrapped up the session at 19,840, up 83 pts or 0.4%; the HSCEI rose 21 pts or 0.3%…
At close, HSI rose 83 pts or 0.4% to 19,840. HSTI dropped 10 pts or 0.3% to 3,861. HSCEI gained…
Chinese insurers broadly outperformed the broader market today. PING AN (02318.HK) reported that, in the first quarter of 2023, its…
PING AN (02318.HK)'s new business value (NBV) realized positive growth in a single quarter for the first time after dropping…
The HSI lifted 16 pts or 0.08% to post at 19,773 by midday; the HSCEI dipped 12 pts or 0.2%…
At midday close, HSI rose 16 pts or 0.1% to 19,773. HSTI dropped 32 pts or 0.8% to 3,839. HSCEI…
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Brokers│Ratings│TPs (HKD)JPMorgan│Overweight│85UBS│Buy│82CMB International│Buy│80.3Goldman Sachs│Buy│74HSBC Global Research│Buy│73Citigroup│Buy│72Credit Suisse│Outperform│67->71Jefferies│Buy│68BofA Securities│Buy&......…
Ping An Insurance Shares Rise After First-Quarter Result...…
PING AN (02318.HK) opened today's session with a 1.36% uptick. Once peaking at $54.5, the stock last printed at $53.65,…
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PING AN (02318.HK) announced that Yao Jason Bo tendered his resignation as a Co-Chief Executive Officer, Executive Vice President and…
HONG KONG and SHANGHAI, April 26, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An…
At close, HSI dropped 342 pts or 1.7% to 19,617. HSTI dropped 137 pts or 3.5% to 3,824. HSCEI fell…
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Ken Lui, individual activist shareholder of HSBC HOLDINGS (00005.HK) and leader of the "Spin Off HSBC Asia Concern Group", has…