Wednesday, November 06, 2013

Ping An purchased (#2)

On Monday I purchased some additional shares in Ping An (HK:2318). At current prices it looks the best value in the insurance space in Hong Kong/China (possibly because of concerns over its activities outside the insurance space). Given the growth of the middle class consumer in China, my expectation is that this industry has considerable room to grow.

I paid HK$61.50 for the additional shares.

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