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Ping An Insurance channels 5 trln yuan into real economy in 2020
Ping An Insurance (Group) Company of China, Ltd. channeled more than 5 trillion yuan (776.4 billion U.S. dollars) into the real economy through insurance fund investment and bank credit last year.
Ping An Insurance net profits down in 2020
Ping An Insurance (Group) Company of China, Ltd. announced Wednesday that net profits attributable to its shareholders declined by 4.2 percent, year on year, in 2020 due to COVID-19.
Lufax Holding files for U.S. IPO on Thursday
Lufax Holding, backed by financial giant Ping An Insurance Group, on Wednesday filed to list its shares in the United States, the Shanghai Securities News reported on Thursday.
Chinese insurer Ping An ranks top in 2020 global fintech patent list
China's leading insurer Ping An Insurance (Group) Company of China, Ltd. (Ping An) has taken the top spot in the world in fintech patents by filling 1,604 patents last year, according to a report released by the World Intellectual Property Organization (WIPO), reported China Securities Journal recently.
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