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Ping An to add $7.7bn in real assets despite China property headwind

Shusi He
Ping An Insurance’s net investment return slipped 0.3% to 3.8% in the first half, while another Chinese insurance giant China Life’s return was up 0.04% to 4.33% in the same period.
Ping An to add $7.7bn in real assets despite China property headwind

China’s Ping An Insurance is pressing ahead with adding positions in real estate and infrastructure investments, despite net profits dropping by $3.2 billion because of exposure to a troubled domestic property developer in the first half of 2021.

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