Ping An Insurance

Ping An profit rises as stock rally lifts investment returns

Net income climbed to 132.9 billion yuan (S$24.2 billion), from 119.2 billion yuan a year earlier

The co-CEO says that the insurer is nevertheless cautious about the rising stock market, which he believes is largely driven by short-term liquidity.

China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says

The company has allocated about 13% of its insurance funds to the equity market

Ping An’s total investment portfolio of insurance funds is 5.9 trillion yuan.

Ping An builds HK$180 billion stake in China banks on dividend bet

Chinese banks are suffering under record low margins and slow profit growth

Ping An Insurance’s deal is the biggest convertible-bond issuance denominated in US dollars or Hong Kong dollars by a Chinese company this year.

Ping An Insurance raises US$1.5 billion from convertible bonds

The company is selling the bonds, which are denominated in Hong Kong dollars, through a so-called Regulation S offering

Ping An’s insurance funds’ investment portfolio achieved a comprehensive investment yield of 5.8 per cent in 2024, up 2.2 percentage points year on year.

China’s Ping An Insurance posts 48% rise in 2024 profit

The group’s number of new customers rises 9.8% from a year earlier to 32.07 million

SGX now offers a total of 18 Singapore Depository Receipts including Ping An, Meituan and Xiaomi.

SGX expands HK depository receipts with Ping An, Xiaomi and Meituan

The bourse plans to include more Thai and Hong Kong depository receipts by mid-2025

The project should broaden institutional demand and may provide support to gold prices in China in the longer term depending on insurance funds’ appetite for participating in it.

China starts pilot project allowing insurance funds to invest in gold

The investment options under the programme include gold spot physical contracts, gold spot deferred delivery contracts, and gold leasing business listed or traded on the Shanghai Gold Exchange

Ping An Insurance Group posted 119.18 billion yuan (S$22 billion) in net profit.

China’s Ping An Insurance posts 36.1% rise in nine-month profit

PING An Insurance (Group) Co of China reported on Monday (Oct 21) a 36.1 per cent rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as...

Jessica Tan brings extensive global experience to Sun Life Canada, says Sun Life. She began her stint in Ping An in 2013.

Former Ping An CEO Jessica Tan to be president of Sun Life Canada

The Singaporean succeeds Jacques Goulet as president of the life insurance company

Operating profit, which the insurer says better reflects performance by stripping out short-term investment volatility and one-time items, dropped 0.6 per cent.

Ping An profit rises as market recovery bolsters returns

Net income climbed to 74.6 billion yuan (S$13.6 billion) in the six months ended June 30, from 69.8 billion yuan a year earlier