$pngay strength at support | 105% TPno idea what OTC:PNGAY is, but following trend with some other asia plays we like. monthly wicking off support.
if we can get a break above 3D rsi, this should really run.
Next report date
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85.67 B CNY
912.21 B CNY
8.53 B
About PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD.
Sector
Industry
Headquarters
Shenzhen
Website
Founded
1988
ISIN
CNE000001R84
FIGI
BBG000KB0Z59
Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It also engages in life insurance, property and casualty insurance, trust, securities, banking, and other businesses. It operates through the following segments: Life and Health Insurance, Property and Casualty Insurance, Banking, Trust, Securities, Other Asset Management, and Technology Business. The Life and Health Insurance segment offers life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life and health care and medical insurance, reflecting performance summary of life insurance, annuity assurance, and health insurance subsidiaries. The Property and Casualty Insurance segment provides insurance products including auto insurance, non-auto insurance, accident and health insurance, reflecting performance of property and casualty insurance subsidiary. The Banking segment undertakes loan and intermediary business, wealth management, and credit card services. The Trust segment provides trust services and undertakes investing activities. The Securities segment undertakes brokerage, trading, investment banking and asset management services. The Other Asset Management segment provides investment management services and financial leasing business, reflecting performance of asset management and financial leasing and the other asset management subsidiaries. The Technology Business segment provides financial and daily-life services through internet platforms such as financial transaction information service platform, health care service platform, reflecting performance summary of the technology business subsidiaries, associates and jointly controlled entities. The company was founded by Ming Zhe Ma on May 27, 1988 and is headquartered in Shenzhen, China.
Ping An Insurance - getting closer to another breakoutThe support at 29.85 was fairly strong and the price point proven itself to a minor rally but ain't strong enough to break out from the bearish trend line.
We are at this juncture once more where it could either break out soon and continues rally or revisit the support line at 29.85 , consolidate
Ping An Insurance UpdateI am not so concerned about its property exposure since all big local banks in China have loans with the property developers. It is negligible at 1 over % compared to its insurance, tech, etc businesses.
As a corporate, while its dividend of 8.8% may seems attractive, there will be a capital withh
Morgan Stanley rated A the Ping An Insurance for secong year
Revenue: $156.2 billion
Net Income: $14.7 billion
Market Cap: $114.8 billion
1-Year Trailing Total Return: ~7.5%
Exchange: OTC Markets
According to Investopedia, it is the 3rd biggest Chinese company and in the top 5 insurance companies in the world
Ping An Insurance provides insurance, f
REVIEW $2318It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
Ping An InsuranceStrong acceleration 14 june, then a small stagnation, if we have a rebound of the moving average we buy.
Bias more on upside. 25th June 2022
Continue to hold for those who follower who have entered last week.
Next level, we are eying 50% fibo at the price of 57/58.
Break above 50%, we eye 61.8% (which is possible which bullish bias on both HSI and China market)
Bias more on upside. Supported by 38.2% Fibo + Ascending uptrend line since 2009 GFC.
Worth to take a risk.
SL: Below $45
Trade safe
2318, Ping An Short (Wyckoff practice)Could it be the last point of supply?
If it breaks that orange trend line it will may make one BIG distribution..
See all ideas
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Frequently Asked Questions
The current price of 601318 is 59.12 CNY — it has decreased by −1.94% in the past 24 hours. Watch PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on SSE exchange PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stocks are traded under the ticker 601318.
601318 stock has risen by 6.25% compared to the previous week, the month change is a −0.57% fall, over the last year PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. has showed a 34.36% increase.
We've gathered analysts' opinions on PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. future price: according to them, 601318 price has a max estimate of 75.60 CNY and a min estimate of 55.00 CNY. Watch 601318 chart and read a more detailed PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stock forecast: see what analysts think of PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. and suggest that you do with its stocks.
601318 reached its all-time high on Nov 30, 2020 with the price of 94.62 CNY, and its all-time low was 9.95 CNY and was reached on Oct 28, 2008. View more price dynamics on 601318 chart.
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601318 stock is 4.20% volatile and has beta coefficient of 1.15. Track PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stock price on the chart and check out the list of the most volatile stocks — is PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. there?
Today PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. has the market capitalization of 1.10 T, it has decreased by −3.17% over the last week.
Yes, you can track PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. financials in yearly and quarterly reports right on TradingView.
PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. is going to release the next earnings report on Mar 13, 2025. Keep track of upcoming events with our Earnings Calendar.
601318 earnings for the last quarter are 2.52 CNY per share, whereas the estimation was 1.62 CNY resulting in a 55.56% surprise. The estimated earnings for the next quarter are 0.65 CNY per share. See more details about PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. earnings.
601318 net income for the last quarter is 44.56 B CNY, while the quarter before that showed 37.91 B CNY of net income which accounts for 17.55% change. Track more PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. financial stats to get the full picture.
PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. dividend yield was 5.97% in 2023, and payout ratio reached 49.79%. The year before the numbers were 5.05% and 37.35% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 8, 2024, the company has 288.75 K employees. See our rating of the largest employees — is PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. on this list?
Like other stocks, 601318 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. stock shows the strong buy signal. See more of PING AN INSURANCE（GROUP） COMPANY OF CHINA, LTD. technicals for a more comprehensive analysis.
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