21 Mar Chinese insurance giant Ping An’s profit falls to 5-year low amid weakness in asset management, tech businesses
Posted at 12:45h
in Asia
Ping An Insurance (Group), China’s largest insurer by market capitalisation, said its earnings fell for 2023 to their lowest level in five years, as strong sales of new policies were offset by setbacks in its asset management and technology investment businesses.Its net profit fell 23...