Wayneqq
2021-09-03

$PING AN(02318)$On my watchlist.. This company is quite undervalued now.. it is the market leader in china on both life and non-life insurance.. itis also diversifying into other areas such as asset management, financial services, healthcare etc. The recent news where the regulators is probing into the property investment may seem like a bad thing, but it is actually good in the long run because it ensures that the company is transparent in its accounting and be a responsible major player in the industry where many people rely on them as a lifeline when they are met with unforeseen circumstances.. I believe there is very good growth in the long run if the company continue to diversify into more areas that can complement the insurance business.. But please do your own due diligence.. stay safe.. [Smile] 

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Comments

  • Ronchan
    2021-09-12
    Ronchan
    They have fallen off abit but should be back up soo….i am looking to buy more to average dow….
  • Hb823310
    2021-09-27
    Hb823310
    Ping an may be past it’s hey day. The old business model of getting new customers throUgh agents face to face meet up is over. It’s investment returns is alSo lower due to the evergrande CollapSe risk
    • Wayneqq: 
      Thank you for the feedback. Do you have any better recommendations? Would love to hear your thought…
  • Woogy
    2021-09-13
    Woogy
    I sold alrdy and made a quick gain. Not sure why it kept going down this year
  • singheng
    2021-09-13
    singheng
    it seems it losing its market share on  life insurance market, what's your take,  how it can stay  competitive on the long run?
  • 乐飞鱼
    2021-09-13
    乐飞鱼
    关注平安银行。
  • Mioo
    2021-09-07
    Mioo
    what is the price u will buy?
    • Wayneqq: 
      Now is already undervalued… i am considering between establishing a position in HKSE or SZSE
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