China Ping an undervalued agency said the best opportunity to buy oboni

China Ping An underestimated the valuation agency said the best opportunity to buy Sina fund exposure platform: letter Phi lag false propaganda, the performance of long-term lower than similar products, how to buy a fund pit? Click [I want to complain], Sina help you expose them! International research institutions believe that China Ping An’s two business Internet banking and life insurance, the capital market should be re pricing, the impact of the company’s valuation will be greatly improved. Reporter Xue Yumin capital market has an interesting phenomenon: a lot of those companies with the concept of Internet banking, even if there is no profit, the market will be sought after. As a representative of China’s comprehensive financial security has yet to be recognized by the market, the state is undervalued in the long term. But that is changing. HSBC James.E.Garner (Chinese well-known analyst "Jane Pusi") released the latest research report, re evaluation of safe business model, for the first time to cancel the comprehensive financial valuation of 20% discount, the Ping An shares and A shares raised rating to buy". This is the overall layout of the Ping An Group and promote the development of Internet banking and financial disclosure of changes in financial reporting, the international bank for the first time a clear understanding of the beginning of a comprehensive understanding of peace. As of September 2nd, the company’s share price of HK $41.55 shares. After the adjustment, the company H and A target price of HK $56 (the original HK$45 yuan) and 47 yuan (the original Rmb38 yuan), implied in the space of 35%, up. Another national research institutions at Chinese for Ping An’s life insurance business also re evaluated, they believe that Ping An life over the past 10 years of outstanding performance, adjusted net assets income rate has been higher than 30%, but the market has been neglected. Integrated financial model is recognized James.E.Garner said that after the China Ping An has been rated 20% comprehensive financial discount. In developed countries, the pursuit of a comprehensive financial model of peace has been tried, but most failed in the end. Comprehensive financial enterprises in developed markets not only to investors because of the complexity of the burden, but also did not give investors the benefits they ballyhoo. They spent two years to make peace of the business model, the decision to remove this comprehensive enterprise discount. They believe that Ping an integrated financial model and developed market interbank financial control mode is very different, and peace in the current environment is easier to succeed. According to the results of the first half of 2016, Ping an integrated financial + Internet model has created a significant value, that is, 36% of new customers from Ping An to build the closed-loop ecosystem of the Internet four. James.E.Garner optimistic about peace also mentioned a lot of reasons. First, it has a first-class insurance and insurance business, two business accounted for 52% of the total profits of peace. Second, the solvency adequacy ratio of Ping An is much higher than the recent minimum level of regulation, the future can be raised by issuing subordinated debt mixed debt solvency. Third, peace has a dynamic, innovative and value oriented management team. Fourth, Ping An non state-owned enterprises, which is different from the superior theory相关的主题文章: