<div id="readability-page-1"><div>PING AN (02318.HK) +2.600 (+4.330%) Short selling $287.36M; Ratio 17.291% opened 2% higher this morning (29th), with early-session gains expanding to a peak of HKD62.85. It was last at HKD62.8, up 4.58%, with turnover of 12.4276 million shares, involving HKD773 million.PING AN reported total revenue of RMB238.477 billion for 1Q26, down 7.1% YoY. Operating profit rose 7.6% YoY to RMB40.78 billion. Net profit fell 7.4% YoY to RMB25.022 billion, with basic EPS of RMB1.43.BofAS said in a research report that PING ANs 1Q26 net profit declined 7% YoY to RMB25 billion, slightly better than its forecast of a 10% drop. Operating profit increased 8% YoY during the period, mainly driven by positive contributions from life insurance and Ping An Bank, while the property and casualty insurance business recorded a YoY decline. Although weaker investment income weighed on net profit, PING ANs earnings remained resilient compared with peers that are more aggressive in equity investments. The broker believes that despite a weak market in 1Q26, PING AN delivered solid overall results and is expected to maintain its sales trend, with investment returns likely to improve in 2Q26. It maintained a Buy rating with a TP of HKD74.M Stanley noted that PING ANs 1Q26 results were solid across most key metrics. Operating profit rose 7.6% YoY to RMB40.8 billion, slightly above its and the markets expectations by about 4% to 5%. Management expects the asset management business to turn profitable this year, earlier than the 2027 timeline previously projected by the broker and the market, indicating that the drag from this segment may soon end. The broker maintained an Overweight rating and named the stock as its top pick, with a TP of HKD89.JPM said PING ANs H-shares have underperformed the market so far this year, mainly due to concerns over the quality of its bancassurance growth, increased equity investment exposure and interim dividend prospects. It believes the 1Q26 results largely addressed these concerns. During the period, new business value grew 21% to RMB15.6 billion, with product margins stable at 23.5%, compared with the full-year 2025 level of 23.4%. Operating profit increased 7.6% YoY to RMB40.8 billion. The core solvency ratios of the life and property and casualty insurance businesses were 131% and 172%, respectively, well above the regulatory minimum requirement of 50%. These figures broadly met or exceeded JPMs expectations. JPM noted that 1Q26 net profit fell 7.4% YoY to RMB25 billion, slightly below its forecast of RMB26 billion, but viewed this as short-term noise rather than a risk. It maintained an Overweight rating with a TP of HKD90. (ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.)</div>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</div>

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PING ANshares rose 4.6% after reporting 1Q26 results that beat expectations. Total revenue fell 7.1% YoY to RMB238.477 billion, while operating profit increased 7.6% YoY to RMB40.78 billion. Net profit declined 7.4% YoY to RMB25.022 billion, slightly better than forecasts. Brokers BofAS and M Stanley maintained positive ratings, citing resilience in earnings and expectations for improved investment returns. JPM noted concerns over bancassurance growth were addressed, maintaining an Overweight rating. PING AN's stock is currently trading at HKD62.8 with a turnover of HKD773 million.

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BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

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JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

PING AN  Extends Early Gains to 4.6% as Brokers Say Results Beat Expectations