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Ping An Insurance Company of China ( (HK:2318) ) has provided an update.
Ping An Insurance Company of China has completed a significant share purchase under its 2025 Long-term Service Plan, acquiring 74,615,000 H shares, which accounts for 0.412% of its total share capital. This initiative, funded by employee remuneration, involves 83,024 key talents and aims to enhance employee engagement and retention, potentially strengthening the company’s operational stability and market position.
The most recent analyst rating on (HK:2318) stock is a Buy with a HK$71.00 price target. To see the full list of analyst forecasts on Ping An Insurance Company of China stock, see the HK:2318 Stock Forecast page.
More about Ping An Insurance Company of China
Ping An Insurance Company of China is a leading player in the insurance industry, offering a wide range of financial services and products. The company focuses on providing insurance, banking, and financial services, catering to a diverse market with a strong emphasis on technological integration and customer-centric solutions.
Average Trading Volume: 52,382,987
Technical Sentiment Signal: Buy
Current Market Cap: HK$1082.3B
Learn more about 2318 stock on TipRanks’ Stock Analysis page.