Christian (@Christiano) sur getquin

2Année·

Hi together,

am considering increasing my position in Ping An Insurance as the valuation and div looks attractive. However, sales and earnings are down, but this could also be due to the difficult environment in China. Anyone here who can better assess the situation and Ping An?

3 Commentaires

~ Michael 💎 🏅@Michael-official

2Année

I had been looking at the stock on and off for the last few years and was confirmed in my decision that Allianz was the better option. I don't find the market environment for insurers in China very attractive as the government regulates too much. Am very cautious with China now. Personally, I can sleep better with Allianz. With declining results, it is only a matter of time before the dividend is cut.

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Staatsmann@Staatsmann

2Année

With Chinese stocks, it is important to remember that political risk is never factored into the valuation and therefore needs to be considered separately. Ping An operates almost exclusively in China and is therefore very dependent on political decisions and, due to its limited business scope, correspondingly very susceptible to political changes. Personally, I would only invest in the Chinese capital market in broadly positioned companies for which damage to their home businesses would not hurt so much. :)

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Smudo@Smudeo

2Année

@Christiano Fortunately, I forgot a zero in my order quantity last year, so I'll wait and see how the share price moves. The share has been hyped by the relevant stock market journals in recent years, but since then it's been going downhill 😯

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