Tongdadd
2021-09-17

$PING AN(02318)$ What's with Ping An? Only participating in the drop along with wider market, but not the rebound. 

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Comments

  • AlvinCWC
    2021-09-17
    AlvinCWC
    Any hidden reason for the drop?
    • AlvinCWC
      Looks like investors are worried that it’s somehow linked to Evergrande
    • Tongdadd
      I am wondering too. This drop is really unusual and disconcerting
  • Bloomberg Markets
    2021-09-17
    Bloomberg Markets
    Right now the drop is to justify its intrinsic value at $55. Any price under $55 will be undervalued and is a good buy. Max pain for Ping An is around $53-55 with a Target for 2021 Q4 at $60-65
  • patricklowck
    2021-09-17
    patricklowck
    no worries.. just hold
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