Ping An Insurance Is Turning Inward [Seeking Alpha]
PING AN INS CO OF CHINA (PNGAY)
NASDAQ:AMEX Investor Relations:
pingan.cn/en/ir/index.shtml
Company Research
Source: Seeking Alpha
Ping An Insurance's growth has moderated, but the dividend is attractive. Ping An Insurance (Group) Company of China ( OTCPK:PIAIF OTCPK:PNGAY ) has lost a ton of value since I first wrote about it in 2020 : no longer the second-largest life insurer in the world, it moved down from number 7 in Forbes 2000 to 16. In the domestic market, it has fallen behind both AIA and China Life. Ping An has come down from its pedestal due to the confluence of adverse factors that have had little to do with management performance. The Group is doing the best it can in these realities, its strategy centered around efficiency, the usual mix of cross-selling and upselling combined with an exemplary use of artificial intelligence for better segmentation of services. In the healthcare business, for one, costs are being brought down by hiring in-house instead of outsourcing more expensive third-party personnel; the channel of provision being AI-powered telemedicine also cuts down on expenses. Websit
Show less
Read more
Impact Snapshot
Event Time:
PNGAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PNGAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PNGAY alerts
High impacting PING AN INS CO OF CHINA news events
Weekly update
A roundup of the hottest topics
PNGAY
News
- Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoYPR Web
- Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoYPR Newswire
- Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoY [Yahoo! Finance]Yahoo! Finance
- Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoYPR Newswire
- Ping An Reports RMB38,709 million of Operating Profit Attributable to Shareholders of the Parent Company in Q1 2024, Life & Health NBV grew 20.7% YoYPR Newswire