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Ping An's tech dreams long way to being realised
Add BT as a preferred sourcePublished Mon, Oct 30, 2017 · 09:50 PM
Washington
PING An Insurance has a long way to go to be considered a tech company. The US$170 billion Chinese conglomerate delivered a 45 per cent increase in third-quarter profit, powered in part by online users and artificial intelligence initiatives.
It has also added 300,000 agents this year, suggesting some old-fashioned growth in selling policies. That makes it hard to value it the same silly way as newly listed rival Zhong An.
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