Ping An of China Asset Management (Hong Kong) Company Limited (“PAAMC HK”) was established in 2006 The company is a wholly-owned subsidiary of China Ping An Insurance Overseas (Holdings) Limited, a direct wholly-owned subsidiary of Ping An Insurance (Group) Company of China ("Ping An"or "the Group") (2318.HK). PAAMC HK is licensed under the Securities and Futures Commission (SFC) in Hong Kong to carry on Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities.
Taking the core business philosophy of “professionalism and value”since its establishment, PAAMC HK has years of experiences in global investments, and built an international investment platform. With strong capabilities for investment research and asset management, PAAMC HK focuses on research on global macroeconomics, development of investments solutions, fixed income investments, ETF and portfolio management, etc.
Ping An is one of the largest integrated financial service groups in the world. The Group ranks 10th in the Forbes Global 2000 list for 2018, topping all the other insurance groups in the world. In the2018Fortune Global 500 list, Ping An ranks No. 29 among all the companies and No. 1 among mainland China’s mixed-ownership enterprises. The Group’s shares are listed on the Stock Exchange of Hong Kongand the Shanghai Stock Exchange. As of the end of 2017, the Group’s total market capitalization ranked 6th among the financial groups all over the world, and ranked 1st in terms of the market capitalization and brand of insurance groups.
As at December 31, 2017, the Group had RMB6.49 trillion in total assets and RMB473.4 billion