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PING AN: Life Insurance Biz Enters Golden Development Phase
Fu Xin, Senior Vice President and CFO (proposed) of PING AN (02318.HK), said at the results press conference that the group is actively responding to China's medium- and long-t...
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PING AN: Life Insurance Biz Enters Golden Development Phase
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Fu Xin, Senior Vice President and CFO (proposed) of PING AN (02318.HK)  +0.200 (+0.487%)    Short selling $1.05B; Ratio 32.488%   , said at the results press conference that the group is actively responding to China's medium- and long-term capital market entry plan and has already been approved to participate in the long-term equity investment pilot program.

Michael Guo, PING AN's co-CEO, also mentioned that the life insurance business has entered a golden development phase, with one of the key driving forces being the demographic benefits.

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Life insurance products are no longer optional, and they are becoming a necessity for customers, Guo added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-09 16:25.)

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