TOPIC

/ company

Ping An Insurance

Ping An Insurance is a financial conglomerate with holdings in banking, asset management, healthcare and insurance. The company, which has roots in the property and casualty insurance sector in Shenzhen, is China's largest insurer by market capitalisation.

Chairman / President

Ma Mingzhe

CEO / Managing Director

Xie Yonglin

CFO / Finance Director

Zhang Zhichun

Industry

Financial Services

Website

pingan.com

Headquarters address

Ping An Finance Centre, 5033 Yitian Road, Futian District, Shenzhen, Guangdong 518048, China

Stock Code

SEHK:2318
SSE:601318

Year founded

1988

Mainland insurers posted a combined loss of 5.7 billion yuan from underwriting EV policies in 2024. Photo: Reuters

Electric & new energy vehicles

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

23 Feb 2026 - 10:30AM

Banking & finance

Chinese banks join the space race with satellite launches and rocket backing

22 Jan 2026 - 11:30AM

China stock market

China stocks recover from early losses on cautious PBOC policy tone

25 Dec 2025 - 4:15PM

IPO

Biren Technology’s Hong Kong IPO gets go-ahead from Beijing

Shanghai-based Biren plans to float about 372 million shares on the Hong Kong stock exchange.

16 Dec 2025 - 7:01PM

Biren Technology is expected to raise about US$300 million from its Hong Kong listing, according to Chinese media reports. Photo: Handout

Hong Kong stock market

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

10 Dec 2025 - 5:09PM

Insurance

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

The strong quarterly results are expected to boost a rally in Chinese stocks that has been fuelled by a shift of bank savings to risk assets.

3 Nov 2025 - 3:05PM

Banking & finance

Ping An interim profit misses estimates as China’s economy sputters

Ping An’s interim net profit fell 8.8 per cent from a year earlier to 68.05 billion yuan, missing a Bloomberg consensus estimate.

27 Aug 2025 - 10:54AM

The Ping An International Finance Centre (PAFC) Phase 1 (right) looms over the skyline of Shenzhen’s Futian district on March 19, 2019. Photo: Roy Issa

Bonds

Chinese firms drive US$13 billion Asian boom in convertible bonds

Appetite for equity-linked debt is strong amid global volatility, even with aggressive terms, analysts say.

24 Jun 2025 - 1:01PM

Bonds

Chow Tai Fook Jewellery seeks US$1 billion from convertible bond sale

The five-year Hong dollar-denominated bonds will carry a coupon of zero to 0.5 per cent payable semiannually.

16 Jun 2025 - 8:28PMvideocam

Bonds

China’s Ping An raises US$1.5 billion from convertible bonds to fund growth

The notes will not bear interest throughout the five-year term and can be converted into Hong Kong-traded shares at HK$55.02 each.

4 Jun 2025 - 4:50PM

Ping An said it would use the proceeds from the bonds to further develop its core business. Photo: Reuters

IPO

CATL’s dilemma: top-of-the-range Hong Kong IPO price may cap first-day gains

EV battery maker’s 6.7 per cent discount to its Shenzhen-traded shares is much lower than the average 25 per cent discount for dual-listed Chinese firms.

16 May 2025 - 3:33PM

CATL is expected to raise HK$35.66 billion from the sale of 135.6 million shares at HK$263 apiece. Photo: Reuters

Hong Kong stock market

Hong Kong stocks retreat on mixed Tencent results, profit-taking

After an 18 per cent rally on the Hang Seng Index from an April low, investors are worried that the run-up was too fast.

15 May 2025 - 4:25PMvideocam

Insurance

Exclusive | China’s Ping An is eyeing a bigger slice of Hong Kong’s insurance market

The insurer is weighing different entry strategies that include applying for a new licence, partnerships and acquisitions.

24 Mar 2025 - 8:30AMvideocam

Banking & finance

BOC Life offers insurance plans for clients seeking to retire in mainland cities

Around 88,000 Hongkongers aged 65 or above were living in southern Guangdong province in 2022, 11 per cent more than in 2017.

28 Nov 2024 - 6:37PMvideocam

Hong Kong insurers are offering more services to cover senior citizens. Photo: Handout.

Banking & finance

HSBC to rejig into 4 business units, calls Hong Kong ‘strategic priority’

Bank says HSBC and Hang Seng will ‘remain very separate in the way they compete’ for business in the city.

22 Oct 2024 - 8:27PM

Pedestrians passed an HSBC branch in Central. Photo: Yik Yeung-man

Banking & finance

HSBC tops global dividend payout list; Asia-Pacific lags behind rest of world

HSBC emerged as the world’s largest dividend payer last quarter, China Mobile led Hong Kong peers as Asia-Pacific firms trailed rest of the world.

12 Sep 2024 - 10:36AM

Insurance

Buyers from mainland China drive record Hong Kong life insurance sales

Sales surge 12 per cent to US$14.9 billion as mainland visitors continue buying spree to chase better returns and hedge the yuan.

30 Aug 2024 - 4:39PM

Banking & finance

Exclusive | HSBC’s London-based CEO starts work in Hong Kong. Here’s why

A Mandarin-speaking chief executive may go some way to help HSBC mend ties with its biggest shareholder Ping An Insurance (Group), which has been agitating to break up the bank since 2022.

30 Aug 2024 - 4:54PM

Insurance

Exclusive | Ping An eyes services for Hongkongers retiring to Greater Bay Area

China’s largest insurer sees opportunities serving Hongkongers who are living in the mainland cities of the Greater Bay Area – a group that has grown 11 per cent in the last five years.

26 Aug 2024 - 7:30AM

Insurance