Ping An Insurance Group Co of China Ltd
SSE:601318
Ping An Insurance Group Co of China Ltd's latest stock split occurred on Jul 27, 2015
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, Ping An Insurance Group Co of China Ltd traded at 80.62 per share. Afterward, the share price was about 29.6891.
The adjusted shares began trading on Jul 27, 2015. This was the only stock split in Ping An Insurance Group Co of China Ltd's history.
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Ping An Insurance Group Co of China Ltd
Glance View
In the bustling financial hub of Shenzhen, Ping An Insurance Group Co of China Ltd emerged as a visionary powerhouse in 1988, transforming its humble beginnings into Asia's largest insurance conglomerate. Originally focusing on insurance, Ping An rapidly expanded, embedding itself deeply into the arteries of China’s financial landscape by diversifying across insurance, banking, and asset management. Its core insurance operations, both life and property, have been the bedrock of its considerable revenue streams, with the company capitalizing on China's burgeoning middle class that seeks financial security and prosperity. Through innovative technology and analytics, Ping An has honed its underwriting and risk assessment models, thereby enhancing profitability and nurturing customer loyalty. Beyond the traditional realms of insurance, Ping An has deftly woven technology into its business model, catalyzing growth and efficiency. It has invested heavily in technology-driven platforms, pushing the boundaries of finance with ventures like Ping An Good Doctor and Lufax, which provide health and wealth management services, respectively. Leveraging artificial intelligence and big data, Ping An has carved out a niche in financial technology, where digital solutions augment traditional services. This has allowed it to not only serve millions of customers with precision and agility but also to tap into new revenue streams. These strategic maneuvers showcase Ping An's adaptability, as it melds the old with the new in a rapidly changing economic terrain, solidifying its standing as a financial titan.
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