Ping An Insurance plummets

Source: Dukascopy Bank SA


At the start of Friday's trading, the stock price for Ping An Insurance, 2318.HK, dropped by more than 8.50%.

However, no news that could have caused the drop were spotted on news agency feeds.

Ping An Insurance (Group) Co. of China Ltd. engages in the provision of financial products and services. It operates through the following segments: Insurance, Banking, Trust, Securities, Other Asset Management, Technology, and Others.

Meanwhile, note that on a larger scale the stock price has been declining since March. The price has already lost almost 50% from its March value.

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