$PING AN(02318.HK)
💪 Still Proudly Holding Ping An - My Conviction Grows Stronger!😁
Back on Sep 8, I shared why I hold 1,000 Ping An shares at an average cost of HKD 56.65. Today it is trading at HKD 53.3. I have no regret and my conviction is even stronger.
The main reasons are as follows :
✅ Double milestone still stands
36.1% profit growth + A+ ESG rating, top 10% among financials globally
✅ Deep value valuation
P/E only 5.25 vs industry 8.89. P/S just 0.69 vs 1.00. Both trade well below historical averages
✅ Cash flow surging quarter on quarter
Q2 2026 operating cash flow hit HKD 273.5B, up 84.06% QTQ 2026😍
That follows a strong recovery from Q1 2026’s 148.59B.😍
Price is slightly below my average but fundamentals keep improving.
I am not worried because I know that this is the best kind of opportunity to accumulate more if it drop further.
Great companies deserve patience and I am proudly holding for the long haul! 🚀😘😘
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