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PING AN: Life Insurance Biz Enters Golden Development Phase
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Fu Xin, Senior Vice President and CFO (proposed) of PING AN (02318.HK), said at the results press conference that the group is actively responding to China's medium- and long-term capital market entry plan and has already been approved to participate in the long-term equity investment pilot program. Michael Guo, PING AN's co-CEO, also mentioned that the life insurance business has entered a golden development phase, with one of the key driving forces being the demographic benefits. Life insurance products are no longer optional, and they are becoming a necessity for customers, Guo added. AAStocks Financial News |
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