Changes in Hong Kong stocks | Ping An of China (02318) rose nearly 4%. Net profit due to mother in the first half of the year surged 36% year-on-year, and continued to increase the level of dividends

Zhitongcaijing · 3d ago

The Zhitong Finance App learned that Ping An of China (02318) rose nearly 4%. As of press release, it had risen 3.79% to HK$56.15, with a turnover of HK$1,459 billion.

According to the news, Ping An of China announced its 2026 interim results. The first half of the year achieved operating income of 575.138 billion yuan, an increase of 15.0% year on year; net profit to mother was 92,585 billion yuan, a sharp increase of 36.1% year on year; operating profit to mother was 84.196 billion yuan, up 8.3% year on year. The company has long focused on shareholder returns and continuously raised the level of dividends. The interim dividend was 0.98 yuan per share, an increase of 3.2% over the previous year.

In the first half of the year, profits in the company's asset management sector improved markedly, and net profit to mother surged 237% year-on-year, mainly due to active capital markets driving diversified revenue development. Fangzheng Securities pointed out that the company's life insurance NBV continues to grow, multiple channels are developing rapidly, and product value rates are improving month-on-month; financial insurance business structure is optimized and COR continues to improve; the investment side continues to focus on high dividends, which is expected to smooth downward pressure on interest rates, drive steady growth in group profits, OPAT, and DPS, and continue to open up growth space, and continue to be optimistic about the company's investment value.