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Ping An Insurance (Group) Company of China, Ltd. (2318.HK)
| Previous close | 33.400 |
| Open | 33.400 |
| Bid | 33.350 x 0 |
| Ask | 33.400 x 0 |
| Day's range | 33.200 - 34.150 |
| 52-week range | 29.550 - 57.450 |
| Volume | |
| Avg. volume | 46,832,401 |
| Market cap | 726.123B |
| Beta (5Y monthly) | 0.73 |
| PE ratio (TTM) | 6.69 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.66 (7.96%) |
| Ex-dividend date | 07 Jun 2024 |
| 1y target est | N/A |
- Zacks
Should Value Investors Buy Ping An Insurance Co. of China (PNGAY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- South China Morning Post
China's top insurer Ping An seeks to raise US$3.5 billion via convertible bond sale
Ping An Insurance (Group), China's largest insurer by market capitalisation, is turning to the convertible bond market to raise US$3.5 billion, joining a raft of Chinese companies tapping cheaper funding sources amid high interest rates. The bonds, due in 2029, have a coupon rate of 0.875 per cent per year, and the initial conversion price is HK$43.71 per share on the maturity date, according to a filing on Tuesday. That represents a 21.3 per cent premium over the closing price of HK$36.05 on Mo
- Reuters
China's Ping An eyes up to $5 billion convertible bond, sources say
China's Ping An Insurance is considering issuing a convertible bond worth up to $5 billion, according to two sources with direct knowledge of the matter. The bond could raise between $2 billion and $5 billion, according to one of the sources. In a Hong Kong Stock Exchange filing on Wednesday, Ping An said it had received shareholder approval to issue debt at any time in the next three years.
