$PING AN(02318.HK)

💪 Still Standing Firm with Ping An and I know my patience will Pays Off

Back in September, I shared why I held 1,000 Ping An shares at an average cost of HKD 56.65. Today it trades at HKD 50.05, a paper loss of about 11.65%. It is not easy to see red in the portfolio 😔😣😒

But here is what keeps me holding on:

✅ Strong Fundamentals Remain

• P/E now just 4.94, well below the industry average

• P/B at 0.77 and a solid 6.28% dividend yield

• 36.1% profit growth and an A+ ESG rating . No changes with the business fundamentals.

📌 My Philosophy- same statement😁

Price is what you pay. Value is what you get. The market can stay irrational in the short term but great companies eventually get their fair share. I am in for the long haul not the daily ups and downs.

Thank you for walking this journey with me. To all fellow value investors, thanks for reading and stay the course with me. Don’t give up in what you believe in.