ping - FinTecBuzz

Ping An Ranked 29th in Fortune’s 2019 Global 500, Top 4 in Financial Sector

July 24, 20198 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx: 2318; SSE: 601318) ranked 29th this year in Fortune magazine’s Global 500. The Fortune Global 500 list is regarded as the world’s most authoritative corporate ranking for global large-scale enterprises. The ranking measures companies primarily by their annual revenue and profit. Ping An’s ranking on the 2019 list was based on annual revenue in 2018of US$163,597.40 million (equivalent to RMB1,081.87 billion) and profit of US$16,237.20million (equivalent to RMB107.38 billion). “Ping An is an...

by PRNewswire

Insurance

Ping An OneConnect launches four intelligent solutions, empowering the insurance value chain

June 27, 20198 min

On June 25, Ping An OneConnect, in collaboration with the Insurance Society of China, held AI · Empowerment · Ecology – The 2nd China Insurance Technology Application Forum in Beijing. Ping An OneConnect, a leading technology service platform for the entire financial industrial chain, is an associate company of the Ping An Insurance (Group) Company of China, Ltd. (“Ping An Group”). Ping An Group is one of the world’s largest comprehensive financial service companies, and the world’s most valuable insurance group by market value*. Leveraging AI,...

by FTB News Desk

Insurance

Ping An Ranks 40th in BrandZ™ Global Brands

June 12, 20198 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”; HKEx: 2318; SSE: 601318) has ranked 40th in the latest BrandZ™ Top 100 Most Valuable Brands 2018 published by WPP, the world’s largest communications services group, and Kantar Millward Brown, a research firm. Ping An has moved up three places since last year. The Company tops the global insurance brands for the fourth consecutive year and is among the top three global financial brands, with...

by FTB News Desk

Insurance

Ping An Ranks 7th on Forbes’ ‘Global 2000’ List

May 17, 20197 min

On 15 May 2019, Forbes magazine released its “Global 2000” rankings for listed companies. Benefitting from steady growth in operating income, profit, assets and market capitalization, Ping An has moved up to 7th position in the 2018 rankings, climbing 3 places compared to last year’s list. The Company is the top global insurer. Ping An ranks 6th among global financial companies, and ranks 4th among the listed companies in mainland China. Forbes ranks the top 2000 global listed companies each year. The list is regarded as internationally authoritative...

by FTB News Desk

Business Tools Financial Software

TRAILBLAZING TECH: Ping An expands regional footprint with a fintech focus

November 19, 201815 min

A new player in the fintech space here is making waves for its pioneering work developing comprehensive end-to-end solutions for banks and non-banking financial institutions. OneConnect, a subsidiary of China’s insurance giant, Ping An, officially opens in Singapore this month and is set to expand within the region at a rapid pace. “These are exciting times and we’re proud to be given such a huge vote of confidence in our innovation work for the fintech space, even though we...

by FTB News Desk

Insurance

Ping An Powering Ahead with World-leading Fintech and Healthtech

November 7, 201823 min

Investing RMB100 billion (US$15 billion) in technology R&D over ten years Cutting-edge technologies empowering financial services and customer ecosystems

by FTB News Desk

Blockchain

Ping An delivers Hong Kong’s first blockchain-powered trade finance platform

October 31, 20185 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group” or “the Company“)(HKEx: 2318)(SSE: 601318) delivered Hong Kong’s first blockchain-based international trade finance platform, eTradeConnect, which is initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (“HKMA”). OneConnect, a fintech subsidiary of Ping An, was appointed by the founding banks through Hong Kong Trade Finance Platform Company Limited as the technological provider to help design, develop and deploy the platform....

by FTB News Desk

Brokers/Trading Platforms

Ping An’s 9M18 operating profit attributable to shareholders of parent company rose 19.5%, Life VNB growth rate improved in Q3

October 29, 201818 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) today announced its results for the nine months ended September 30, 2018. In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth...

by FTB News Desk

Insurance Insurance – Consumer Platform

Ping An Fully Upgrades Ping An Cloud, Offers Services to External Customers

October 17, 201813 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group” or “the Company”, HKEx: 2318; SSE: 601318) today presented the strategic upgrade of Ping An Cloud which is entering a new phase of offering cloud services to external customers. The company held a 2018 Ping An Cloud Conference yesterday themed “Building Your Smart Future“. Ping An Cloudannounced its strategic partnership with GitHub at the event in Shenzhen, the world’s largest source code repository and management platform. Meanwhile, consultancy...

by FTB News Desk

Investment Platforms Investments

Ping An Explained the Structure of the Company’s Value and the Application of Technology in its Traditional Businesses

October 15, 201810 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group” or “the Company”, HKEx: 2318; SSE: 601318) held its Investor Day, in Shenzhen, themed “Core Finance”. Mr. Jason Yao, Chief Financial Officer and Chief Actuary of the Group; Mr. Xie Yonglin, Vice President of the Group and Chairman of Ping An Bank; Mr. Timothy Chan, Chief Investment Officer of the Group; and Ms. Yu Hong, President of Ping An Life, respectively, delivered presentations and analyses of Ping An’s value, retail banking...

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