Ping An Insurance (Group) Co. of China Ltd Class A
601318: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CNY 52.00 | Fmwmm | Ybnxlvtg |
Ping An’s Noninsurance Segment Faces Mounting Challenges From Ongoing Macro Slowdown
Business Strategy and Outlook
In China's highly competitive insurance market, Ping An differentiates itself with its ability to use proprietary technology to strengthen the customer experience and enhance cross-sales for its major ecosystems: integrated finance, auto, healthcare, and eldercare. We believe its competitive advantage results in a better outlook than peers in terms of underwriting profitability and growth.