Report
Iris Tan
EUR 101.80 For Business Accounts Only

Ping An saw steady growth in both the life insurance and the P&C insurance segments.

We increase our fair value estimate for Ping An Insurance to HKD 93 per share from HKD 69 for the H shares, and to CNY 79 from CNY 59 for the A shares, following the firm's investor day, which delivered a positive surprise that its leading technology is deeply embedded into its core business, and the group has been exporting leading technology to various organizations, including financial institutions and other businesses with a meaningful customer base. The fair value increase was lifted by our...
Underlying
Ping An Insurance (Group) Company of China Ltd. Class H

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Iris Tan

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch