Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Ping An Insurance Group Company    601318   CNE000001R84

PING AN INSURANCE GROUP COMPANY (601318)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Ping An Insurance of China : China's Lufax picks banks for up to $5 billion Hong Kong IPO - IFR

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/05/2017 | 11:46am CEST

HONG KONG (Reuters) - Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion (£3.8 billion) Hong Kong initial public offering, IFR reported, citing people familiar with the situation.

Lufax, backed by Ping An Insurance, has mandated Citic Securities, Citigroup, JP Morgan, Morgan Stanley and Goldman Sachs as joint sponsors for the float, according to IFR, a Thomson Reuters publication.

Lufax, valued at $18.5 billion in its last fundraising round in January 2016, could be raising $3 billion-$5 billion in the IPO as early as the first half of 2018, IFR reported.

Lufax and Ping An did not immediately respond to requests for comment by Reuters.

When asked by IFR, a spokesperson for Lufax declined to comment on whether the company had mandated banks for an IPO, and said there was “no schedule at this moment”.

(Reporting by Fiona Lau of IFR, Writing by Kane Wu; Additional reporting by Julie Zhu; Editing by Muralikumar Anantharaman)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PING AN INSURANCE GROUP CO
04/10People's Insurance Group of China plans $1.6 billion Shanghai listing
RE
03/20Ping An Insurance net profit up 43% in 2017
AQ
03/20Ping An Insurance net profit up 43% in 2017
AQ
03/20Foreign insurers gain in China amid scrutiny of riskier local products
RE
03/20PING AN INSURANCE : 2017 Net Profit Up 43% on Year
DJ
02/26After takeover by government, Anbang says committed to overseas subsidiaries
RE
02/24PING AN INSURANCE : China orders three insurers to fix overseas investment rule ..
RE
02/07PING AN INSURANCE : China's Ping An Ventures to raise up to $1.3 billion for hea..
RE
02/05INT'L INVESTORS POSITIVE ABOUT CHINA : Ping An Insurance
AQ
02/05INT'L INVESTORS POSITIVE ABOUT CHINA : Ping An Insurance
AQ
More news
News from SeekingAlpha
04/15WEEK IN REVIEW : Ping An Good Doctor Plans $1 Billion Hong Kong IPO In Mid-May 
03/20Ping An declares RMB1.00 dividend 
03/20Ping An reports FY results 
02/24STOCKS TO WATCH : Investors Recharge After Soothing Fedspeak 
02/05Platinum Asset Management Q4 2017 Quarterly Report 
Financials ( CNY)
Sales 2018 834 B
EBIT 2018 148 B
Net income 2018 103 B
Debt 2018 -
Yield 2018 2,18%
P/E ratio 2018 11,61
P/E ratio 2019 9,62
Capi. / Sales 2018 1,42x
Capi. / Sales 2019 1,18x
Capitalization 1 180 B
Chart PING AN INSURANCE GROUP CO
Duration : Period :
Ping An Insurance Group Co Technical Analysis Chart | 601318 | CNE000001R84 | 4-Traders
Technical analysis trends PING AN INSURANCE GROUP CO
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 80,4  CNY
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Ming Zhe Ma Chairman & Chief Executive Officer
Li Ji Gu Chairman-Supervisory Board
Sin Ying Tan Chief Operating & Information Officer, Deputy GM
Jason Bo Yao CFO, Executive Director & Deputy General Manager
Jian Yi Sun Vice Chairman & Deputy General Manager
Sector and Competitors
1st jan.Capitalization (M$)
PING AN INSURANCE GROUP COMPANY-8.33%187 525
AIA GROUP LTD1.79%104 782
CHINA LIFE INSURANCE COMPANY-20.53%100 624
JAPAN POST HOLDINGS CO LTD2.00%55 427
CHINA PACIFIC INSURANCE-24.75%43 139
FUBON FINANCIAL HOLDING CO LTD.--.--%18 912