Fair price, it's worth to buy at current price if HK Bull Market continues.
Insurance should be a little higher valuation than banks in the bull market because of investment side income.
Ping An insurance rely on more technology than sales agent. Insurance products information are available, people used to subscribe service from App at lower commissioning charge. It is the technology and culture progress.
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- floopi·09-23Love the insights! Excited to see how it plays out! [Love]LikeReport