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bullish
Ping An Insurance (H)
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Ping An (2318 HK) - Resilient DPS Despite OPAT Decline
Equity Bottom-Up
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27 Mar 2024 11:07
Broker
Ping An reported FY23 results, with the L&H EV economic assumptions cut by 50bps on long-term investment return from 5.0% to 4.5%, and 150bps on risk discount rate (RDR) from 11% to 9.5%.
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