BPPINAN@EC2702A

$PING AN(02318.HK)

Ping An (02318.HK) - Value & Dividend Play

1️⃣ Context

I added another lot of Ping An shares last Friday. I did it just ahead of its ex-dividend date. I am building on my initial position from two months ago.

This decision comes after reviewing its strong fundamentals and it is part of my hedging and diversification strategy.

Valuation Snapshot:

🔷 P/B 0.87 | P/E ~7 , Trading well below book value with consistent, solid profitability

🔷 Dividend Yield 5.39% , Generous, well-covered payout that rewards long-term holders

2️⃣ My Trade

🔷 Avg Cost: HK$56.55 / share, Position: 1,000 shares

🔷 Current Price: HK$56.7 / share, Unrealized P&L: +0.26%

🔷 Short-term price fluctuations don’t faze me. I’m invested for the long term, and fully committed to riding the China growth story alongside with Ping An.

3️⃣ My Takeaway

Great businesses may stay undervalued for some time but true value always finds its way to the surface eventually.

Buy when others are fearful, hold through the noise, and let strong fundamentals do the heavy lifting. 💪

$PING AN(02318.HK)

1️⃣ Context

I started investing Ping An two months ago because I saw deep value and I like the business model. I saw the fundamentals keep getting stronger. ☺️

Valuations in June :

🔷 P/B around 9 and P/E around 7.

It is trading well below book value with solid profitability

🔷5.64% dividend yield, generous and well-covered

2️⃣ My Trade:

🔷 Purchased cost: HK$57.050, 500 shares and current price: HK$54.100 → down -5.17% on paper . I pray the share price to move higher after 1H 2026 good earnings reported yesterday.

🔷 Short-term price weakness doesn’t change the story. I am here for the long haul.

3️⃣ My Takeaway

Great companies can stay undervalued for a while but value eventually shines through.

Ping An’s earnings are growing,its balance sheet is solid and it pays you to wait with a healthy dividend. 1H2026 earnings has proven it.

Be patient, buy when others are fearful, and let fundamentals do the work. 💪