Wayneqq
2021-09-03

$PING AN(02318)$On my watchlist.. This company is quite undervalued now.. it is the market leader in china on both life and non-life insurance.. itis also diversifying into other areas such as asset management, financial services, healthcare etc. The recent news where the regulators is probing into the property investment may seem like a bad thing, but it is actually good in the long run because it ensures that the company is transparent in its accounting and be a responsible major player in the industry where many people rely on them as a lifeline when they are met with unforeseen circumstances.. I believe there is very good growth in the long run if the company continue to diversify into more areas that can complement the insurance business.. But please do your own due diligence.. stay safe.. [Smile] 

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