Is Ping An insurance a buy?

Asked by: Kathleen Hilpert  |  Last update: February 11, 2022
Score: 4.5/5 (15 votes)

Ping An insurance is one of the largest insurance companies globally and having a lot of growth prospects in various segments makes it a compelling buy. We can expect growth in China's life insurance market, which is now below the world average, as China's household income rises in tandem with its economic growth.

Why is Ping An Insurance dropping?

(Reuters) — Ping An Insurance Group Co. Ping An's insurance business and investment returns have been hit by weakness in China's economy, which posted its slowest growth in a year in the third quarter as power shortages and property sector worries took a toll. ...

What does Ping An Insurance Group do?

Ping An Insurance (Group) Company of China Limited provides products and services through its five ecosystems in financial services, healthcare, auto services, real estate services and Smart City solutions. The Group's insurance business writes property, casualty, and life insurance products.

Does Ping An Insurance own Ping An Health?

Ping An Subsidiaries

Ping An Health Insurance Company of China, Ltd.

What does Ping An mean?

píng ān. safe and sound well without mishap quiet and safe at peace.

Ping An Insurance Stock Analysis - Should you BUY..?

24 related questions found

What does ping mean British?

British Dictionary definitions for ping

ping. / (pɪŋ) / noun. a short high-pitched resonant sound, as of a bullet striking metal or a sonar echo. computing a system for testing whether internet systems are responding and how long in milliseconds it takes them to respond.

What does the name ping mean in Chinese?

Ping is a name of Chinese origin. The meaning of Ping translates to 'the one who has a leveled mind and is peaceful', 'calm', 'composed', 'even', 'at peace'. An alternate meaning of this name is 'duckweed', 'fair', 'apple'. ... Ping was also the name of a city in the Han state during the time of the Warring States.

How much of Ping An Healthcare does Ping An own?

Looking at our data, we can see that the largest shareholder is Ping An Insurance (Group) Company of China, Ltd. with 39% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 11% and 9.1%, of the shares outstanding, respectively.

What companies does Ping An own?

Ping An serves online and offline retail customers through companies including Ping An Good Doctor, Ping An Life, Ping An Annuity, and Ping An Health.

Is Ping An Bank state-owned?

Joint-stock lenders such as Ping An Bank are not directly state-owned and count corporations as their shareholders. ... Ping An Bank, which reported its result on Monday evening, said its full-year profit had risen by 2.6 per cent.

Is Ping An a bank?

Ping An Bank is a Chinese joint-stock commercial bank. In June 2012, Shenzhen Development Bank merged with former Ping An Bank into Ping An Bank. The bank primarily operates in Shenzhen, Shanghai, and Fuzhou. Being part of the Ping An Insurance Group of China, Ping An Bank is one of its main pillars.

When did Ping An IPO?

March 1, 2007. Ping An Group was listed on the Shanghai Stock Exchange, which was the world's largest IPO of an insurance company at that time.

What does Ping An good doctor do?

Ping An Good Doctor, formerly known as Ping An Healthcare and Technology (Chinese: 平安健康保险股份有限公司), is a health care software company. The Company offers a mobile platform for online consultations, hospital referrals and appointments, health management, and wellness interaction services.

Why is ping a good doctor?

Aimed at gaining trust, bringing expertise and providing convenience, it strives to bridge the communications gap between doctors and patients, as well as build China's largest online medical service platform with the best model and the highest threshold.

How does ping a good doctor work?

In particular, Ping An Good Doctor will introduce "Family Doctor Memberships", a product that will deliver "1 family doctor + 5 specialized services + 1 health profile " as a core service to users. Each user will also get a full-lifecycle electronic health profile and secure appropriate O2O healthcare services.

Is Ping a male or female name China?

The Chinese name Ping is a popular girls name and means 'peaceful, level'. It can be used on it's own or with a combination of other names. It can also be used as a boys name.

Where does the name Ping come from?

The Ping family comes from the ancient Scottish Dalriadan clans of the mountainous west coast of Scotland. The name Ping is derived from the personal name Payne. Ping is a patronymic surname, which belongs to the category of hereditary surnames.