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Ping An Insurance (Group) Company of China, Ltd. (2318.HK)
| Previous close | 35.250 |
| Open | 35.200 |
| Bid | 35.750 x 0 |
| Ask | 35.800 x 0 |
| Day's range | 35.000 - 36.300 |
| 52-week range | 29.550 - 61.700 |
| Volume | |
| Avg. volume | 43,295,418 |
| Market cap | 749.845B |
| Beta (5Y monthly) | 0.78 |
| PE ratio (TTM) | 7.13 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.64 (7.38%) |
| Ex-dividend date | 07 Jun 2024 |
| 1y target est | N/A |
- Reuters
Ping An Trust delays repayment, citing China property market woes
BEIJING (Reuters) -A subsidiary of China's Ping An Insurance failed to repay a roughly $107 million trust product on time, citing the property market crisis and adding that it is suing developer Zhenro Properties with which it invested the sum. Concerns have grown over the past year about the outsized exposure of China's $3 trillion shadow banking sector, roughly the size of Britain's economy, to developers and the wider economy as the real estate sector lurched from one crisis to another. Ping An Trust has delayed repayment of its "Funing 615" trust plan, it said in a statement on Wednesday.
- Insider Monkey
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