While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

SHANGHAI, Sept. 27, 2024 /PRNewswire/ -- On September 26, 2024, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", "Ping An Health", or "the Company", Stock Code: 1833.HK), China's leading healthcare ecosystem platform, saw its share price surge by nearly 10% during the trading session, peaking at HK$12.08. The U.S. Federal Reserve's recent announcement of a 50 basis point decrease in the federal funds rate target has further boosted liquidity, fueling the rally of internet healthcare ...

HONG KONG and SHANGHAI, Sept. 9, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has been included as a constituent member in the Hang Seng Corporate Sustainability Index Series for 2024-2025, effective immediately. Hang Seng Indexes Company recognizes Ping An's outstanding performance in environmental, social, and corporate governance (ESG). Ping An has been a constituent member of the index series fo ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

Ping An Insurance (Group) (OTCMKTS:PNGAY) just reported results for the second quarter of 2024. Ping An Insurance (Group) reported earnings per share of 58 cents. The company reported revenue of $38.42 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published wit ...

Life & Health NBV jumps 11.0% YoY, demonstrating significant positive results in high-quality business development HONG KONG and SHANGHAI, Aug. 22, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) today announced its 2024 interim results for the six month period ended 30 June 2024. In the first half of 2024, China's economy was generally stable despite a complex external environment. Facing opportunities and challenges, Ping ...

ness Andy Feng Chinese insurers have sold off over the last year, partly on concerns about the broader economy, but also because of the record decline in China's benchmark yields in recent months (insurance is, after all, a spread business). Authorities are, however, now very actively intervening to keep risk-free yields up, rather than down. This means it may finally be time to revisit the sector, particularly given its unique ability to capture China's long-term demographic shifts via pension and long-ter ...

HONG KONG and SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) has published a report, "Climate Change Adaptation and Disaster Risk Management: Current Practices and Future Perspectives for the Insurance Industry" (hereafter "the report"), in a joint effort with Southern University of Science and Technology, Tsinghua University, Risk Lighthouse International Pt Ltd, and Ernst & Young ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

One company value investors might notice is Ping An Insurance Co. of China (PNGAY) . PNGAY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 4.69. This compares to its industry's average Forward P/E of 8.84. PNGAY's Forward P/E has been as high as 5.77 and as low as 3.68, with a median of 4.68, all within the past year. Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, ...