Trade Ping An Insurance (Group) Company of China Ltd. - 2318 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.3
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.019152 %(-HK$3.80)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01915%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.002766 %(-HK$0.60)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00277%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.019152 %
  (-HK$3.80)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.002766 %
  (-HK$0.60)

Key Stats

• Prev. Close: 52.7
• Open: 53
• 1-Year Change: 1.34%
• Day's Range: 52.5 - 53.1

Trade Ping An Insurance (Group) Company of China Ltd. - 2318

About Ping An Insurance (Grp) Co of China Ltd.

Ping An Insurance (Group) Company of China, Ltd. is a personal financial services provider. The Company provides insurance, banking, investment, and Internet finance products and services. The Company operates its businesses through four segments. The Insurance segment provides life insurance and property insurance, including term, whole-life, endowment, annuity, automobile and health insurance. The Banking segment is engaged in loan and intermediary businesses with corporate customers and retail business. The Assets management segment is engaged in security, trust and other assets management businesses, including investment, brokerage, trading and asset management services. The Internet Financing segment is engaged in the provision of Internet finance products and services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Ping An Insurance (Grp) Co of China Ltd. revenues decreased 3% to RMB1.288T. Net income decreased 29% to RMB101.62B. Revenues reflect Unrealized gains/(losses) decrease from -RMB4.77B to -RMB22.61B, Share of profits and losses of associate decrease of 56% to RMB7.35B. Net income also reflects Net impairment losses on financial asset increase of 17% to RMB90.49B (expense).

Equity composition

All unlisted foreign shares were converted into H share upon IPO. IPO date: 6/24/04. All shares related info. from FY'01 to FY'03 are pro forma, reflecting the capitalization issue on December 19, 2003. H share for FY'01 -03 are unlisted Foreign Shares.