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China Ping An Insurance Increases Stake in Agricultural Bank

Ping An Digital Bank Announces 2025 Annual Performance

Morgan Stanley Raises Ping An's Target Price to HKD 92

Ping An Trust Reports 38% YoY Net Profit Growth in 2025

CMB International Securities Maintains Buy Rating for Ping An with a Target Price of HKD 86.00

CLSA Raises Rating and Target Price for Ping An

Goldman Sachs Maintains Buy Rating on Ping An's Earnings Report

Morgan Stanley Maintains Overweight Rating on Ping An

JPMorgan Report: Ping An's New Business Value Surges 21% in Q1

China Ping An Announces Q1 Financial Performance with Total Assets Exceeding 14 Trillion RMB

Ping An Announces 7.4% YoY Drop in Q1 2026 Net Profit

Significant Growth in Dividend Insurance Sales via Banking Channels

Ping An Insurance Reports Q1 Operating Profit of 40.78 Billion Yuan

PING AN released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue HKD 241.02 B, actual EPS HKD 1.4171

China Ping An Life Plans to Lease Over 100,000 Square Feet of Office Space at IGC

Ping An Life Insurance Hosts Summit to Promote 'Service+' Strategy

China Ping An Successfully Implements Global Emergency Rescue Services

Inner Mongolia Financial Supervision Bureau Pushes Insurance Coverage for New Employment Groups; PICC and Ping An Launch Special Products

Ping An Property & Casualty Insurance Guangdong Branch's Mei Ling Team Transforms to Internet Marketing

Ping An Life Raises Stake in Agricultural Bank H Shares to 21%

CH GOLD CLASSIC

STARGLORY HLDGS

CHI HO DEV

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HSBC Research has raised the target price (TP) for China Pacific Insurance Company (CPIC) to HKD44 while maintaining a Buy rating. The report highlights a 9.6% YoY increase in new business value for CPIC in 1Q26, although it lags behind China Ping An's 21% growth. Despite a decline in first-year premiums and a 1.1% drop in net profit when excluding one-off items, CPIC's operating profit rose 3.6% YoY. HSBC remains optimistic about CPIC's value-driven growth strategy, forecasting a 30% increase in earnings for the year.

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CPIC

PING AN

HSBC HOLDINGS

Ping An

Ping An Insurance

HSBC

HSBC 5xShortSG241213

HSBC Holdings Plc

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HSBC Research Raises CPIC  TP to HKD44, Maintains Buy

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CMBI's report indicates that PING ANachieved a 1Q26 operating profit (OPAT) of RMB40.8 billion, a 7.6% YoY increase, surpassing estimates. Despite a 7.4% YoY decline in net profit to RMB25 billion due to market volatility, results were slightly better than expected. The life insurance segment saw a 20.8% YoY rise in new business value. CMBI maintains a Buy rating with a target price of HKD86 for PING AN H shares.

CMBI: PING AN  1Q26 OPAT Slightly Beats; TP HKD86 Reiterate Buy

Morgan Stanley has raised its target price on PING ANto HKD92 from HKD89, maintaining an Overweight rating. The adjustment follows the company's 1Q26 results, with slight increases in operating profit after tax (OPAT) forecasts for 2026-2028 by 0.3% to 0.6%, driven by a more optimistic outlook on the asset management segment. However, forecasts for the value of new business (VNB) were lowered by about 2% due to tighter regulatory supervision. Despite this, growth in the bancassurance channel and life insurance VNB is expected to remain strong.

Morgan Stanley

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M Stanley Raises PING AN  TP to HKD92, Rates Overweight

Shenzhen Party Secretary Jin Lei visited Ping An Group and Tencent to discuss their operations and gather feedback on enhancing support for enterprises. He emphasized the need to improve the services sector, promote the 'Artificial Intelligence+' initiative, and strengthen the integration of services and manufacturing. Jin Lei called for a market-oriented business environment to foster corporate development in Shenzhen.

TENCENT

Tencent

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Tencent HK SDR 10to1

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Shenzhen Party Secretary Jin Lei Visits Ping An Group and Tencent for Research and Corporate Meetings

Bank of America Securities has maintained a Buy rating on Ping An Insurance Company of China (PIAIF) with a price target of HK$74.00, while the stock closed at HK$60.05. The analyst consensus is a Strong Buy with an average price target of HK$80.55, indicating a potential upside of 34.14%. DBS also reiterated a Buy rating with a target of HK$83.50.

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Bank of America

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

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Bank of America Corp

Ping An Insurance Company of China (PIAIF) Receives a Buy from Bank of America Securities

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On futures settlement day, the HSI rose 432 points (1.7%) to close at 26,111, with a total market turnover of HKD258.281 billion. Key companies reported strong quarterly results, including HKEX (+3%), BYD (+4.4%), and Ping An (+6.1%). However, CM Bank (-4.2%) and WH Group (-5.8%) missed expectations. Tech stocks like Tencent and Alibaba also saw gains, while newly listed SUNMI TECH surged 241.1% from its listing price. Overall, the market showed positive momentum driven by strong earnings reports.

Hang Seng Index

Hong Kong Exchanges and Clearing (HKEX)

BYD Company Limited

CM BANK

HKEX

China Merchants Bank

BABA 2x Long Daily ETF - GraniteShares

Ping An CSI Animal Husbandry ETF

KraneShares 2x Long BABA Daily ETF

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HSI Rises 432 pts on Futures Settlement Day; HKEX Surges Post-Results; Mainland Insurers and Developers Advance

The Shanghai and Shenzhen markets saw gains, with the Shanghai Composite Index reclaiming 4,100 points, closing at 4,107, up 0.7%. The ChiNext Index surged 2.5%. Notable performers included Ping An of China and BYD Company, which rose 3.1% and 3.9%, respectively. Nonferrous metals and copper foil stocks rallied, with Tongguan Copper Foil hitting the limit-up. However, some banking and chip-related stocks faced declines. The RMB central parity against the USD was set at 6.8608, down 19 bps MoM, while the PBOC injected RMB19.9 billion into the market.

BYD Company

Shanghai & Shenzhen Markets Rise; SHCOMP Reclaims 4,100, ChiNext +2.5%; PING AN OF CHINA  and BYD Company  Advance Post Results; Nonferrous Metals and Copper Foil Stocks Rally in PM

Ping An Insurance's shares rose by 5.25% after reporting a 7.6% increase in operating profit for Q1, reaching 40.78 billion yuan. The stock peaked at 6.2% higher, marking its largest one-day gain since December. Despite a positive outlook on new business value, DBS Group Research analyst Ken Shih noted that market volatility could impact future investment income, leading to a target price reduction from HK$85.00 to HK$83.50. However, with a potential 38% upside and a 5.4% yield, the stock remains a buy recommendation.

MorningStar

DBS Group

Ping An Insurance Shares Climb After 1Q Profit Gain

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At midday close, HSI rose 330 pts (1.3%) to 26,010, while HSTI increased by 52 pts (1.1%) to 4,879. Notable gainers included PING AN (+5.2%), MEITUAN (+3.2%), and several stocks hitting new highs, such as PETROCHINA, KB LAMINATES, and TCL ELECTRONICS. Active stocks also included BABA and TENCENT, with varying short selling ratios. WH GROUP and CM BANK saw declines, with WH GROUP down 6.4%.

- At midday close, the HSI rose 330 points, or 1.3%, to 26,010, while the HSTI and HSCEI also saw gains.  
- Notable heavyweights like PING AN and MEITUAN reported significant increases of 5.2% and 3.2%, respectively, amidst substantial short selling.  
- CALB and REPT BATTERO emerged as top performers with increases of 12.6% and 11.8%, while DALIPAL HLDG experienced the largest decline, falling by 11.3%.

Hang Seng TECH Index

Hang Seng China Enterprises Index

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PETROCHINA

KB LAMINATES

TCL ELECTRONICS

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Alibaba

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China Construction Bank

WH GROUP

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China Life

CHINA OVERSEAS

CHINA RES LAND

JD HEALTH

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XINYI SOLAR

PICC P&C

INNOVENT BIO

CALB

REPT BATTERO

DALIPAL HLDG

DATANG POWER

MOBVISTA

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

PetroCN HK SDR 1to2

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Alibaba HK SDR 5to1

Xiaomi Corporation

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Xiaomi HK SDR 2to1

WH Group

JD HEALTH-R

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GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Geely Auto

Datang Power

HSI Up 330 pts; HSTI Up 52 pts; PING AN Up over 5%; MEITUAN Up over 3%; PETROCHINA, KB LAMINATES, TCL ELECTRONICS Hit New Highs

PING ANreported its 1Q26 results, showing a 7.6% YoY increase in operating profit to RMB40.78 billion, while net profit fell 7.4% YoY to RMB25.022 billion. The stock opened 2% higher and peaked at HKD63.75, with a turnover of HKD2.198 billion. Brokers like CLSA and M Stanley maintained positive ratings, with CLSA raising its target price from HKD71 to HKD74. Overall, the results beat expectations, driven by resilient life insurance performance and a conservative investment strategy, despite a decline in net profit due to lower investment income.

Goldman Sachs

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JPMorgan Chase & Co.

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Brokers' Latest Ratings, TPs and Views on PING AN  in One Article

G Sachs maintains a Buy rating on PING ANwith a target price of HKD75. The report highlights a positive reaction to PING AN's 1Q results, showcasing resilient operating profit and strong growth in life insurance. Despite a 7% YoY decline in net profit, it exceeded market expectations. G Sachs raised its earnings forecasts for 2026-2028 by 1% to 4% amid anticipated market conditions. Short selling data indicates a ratio of 17.291% with $287.36M in short selling.

G Sachs Maintains Buy on PING AN  with TP at HKD75

CLSA has raised the target price for PING ANfrom HKD71 to HKD74 following a report indicating a 7.6% YoY growth in 1Q operating profit (OPAT), which slightly exceeded market expectations. However, net profit after tax (NPAT) fell 7.4% YoY. CLSA maintained an Outperform rating, noting the company's resilience amid capital market volatility. The target price for PING AN OF CHINAA shares was also increased from RMB77 to RMB78, with an Outperform rating.

CLSA Raises PING AN  TP to HKD74; 1Q OPAT Slightly Beats

Morgan Stanley reported that PING ANdelivered solid 1Q26 results, with a 7.6% YoY increase in post-tax operating profit, surpassing forecasts of 4-5% growth. However, net profit fell 7.4% YoY, aligning with expectations. The firm maintains an Overweight rating and a target price of HKD89, reiterating PING AN as a top sector pick. Short selling data indicates a ratio of 17.291% with $287.36M shorted. The report emphasizes PING AN's strong balance sheet, supporting a mid-term valuation re-rating.

M Stanley: PING AN  1Q26 Results Solid, Reiterate as Sector Top Pick

PING ANreported a 1Q26 net profit of RMB25 billion, down 7% YoY but slightly above BofA Securities' forecast of a 10% decline. Operating profit rose 8% YoY, and value of new business increased by 21%. First-year premiums surged by 46%, although the new business value margin fell to 23.5%. BofA Securities deemed the results solid given the weak market and maintained a Buy rating with a target price of $74, expecting improved investment returns in 2Q26.

BofAS: PING AN  Delivers Solid Overall Results; 1Q NP Slightly Beats

JPMorgan's research report indicates that PING ANhas alleviated market concerns with its 1Q26 results, showing a 21% YoY increase in new business value (RMB15.6 billion) and a 7.6% YoY rise in core profit (RMB40.8 billion). Despite previous underperformance due to bancassurance growth concerns, the bank is positively surprised by life insurance sales and product margins. JPM maintains an Overweight rating with a target price of HKD90, citing reasonable valuation at 7x projected fiscal 2027 PE and a 6% dividend yield.

JPM: PING AN  1Q26 Core Profit Growth Eases Market Concerns, Maintains Overweight

Bought some at HK35 and HK44 few months back. Hope to see HK70 soon. Bullish trending still in play.Merry Christmas. Santa Clause Rally.

Kenji

Dividend Collector

PIng An HK$70 target on its way…now trading at 66.20$PING AN(02318.HK)

Ping An Ins HK SDR2to1

The Hang Seng Index opened higher, refreshing its nearly four-year high; Tencent's performance exceeded expectations, receiving collective bullish calls from major banks; Chip stocks strengthened on the logic of domestic substitution, with SMIC leading the gains; Ping An's stake increase in China Taiping H-shares ignited the insurance sector; Cryptocurrency concept stocks surged as Bitcoin hit a new high; In the pharmaceutical sector, Jingtai Holdings reported its first profit, rising over 11%, while East Buy saw a sudden 12% increase.

SMIC

SMIC HK SDR 5to1

CHINA TAIPING

SUNSHINE INS

Life and Health Insurance

REMEGEN

RemeGen

WUXI BIO

WuXi Biologics

BEONE MEDICINES

BeOne Medicines

Beigene

FI2 CSOP HSI

HUA HONG SEMI

Hua Hong

Hot Trades in Hong Kong Stocks (8.14) | Hang Seng Index Hits Four-Year High at Opening, Morgan Stanley Says Foreign Capital Accelerated Inflows into Chinese Stock Market in July

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HSBC Research Raises CPIC TP to HKD44, Maintains Buy

CMBI: PING AN 1Q26 OPAT Slightly Beats; TP HKD86 Reiterate Buy

M Stanley Raises PING AN TP to HKD92, Rates Overweight

Shenzhen Party Secretary Jin Lei Visits Ping An Group and Tencent for Research and Corporate Meetings

Ping An Insurance Company of China (PIAIF) Receives a Buy from Bank of America Securities